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    HHI confirmed as purchaser of DB-60

    News // August 6, 2004
    Hyundai Heavy Industries (HHI) in Korea has confirmed that it has purchased the derrick/lay barge DB-60 from J Ray McDermott Holdings Inc in the US.

    The DB-60 is a double/single joint pipelay/derrick barge equipped with sophisticated equipment such as a CRC double joint welding system, three units of 150 kip tensioners, truss stingers, and a 1,800-ton crane.

    HHI plans to move the vessel to HHI's overseas marine base located in Sharjar, UAE, where the vessel will be refurbished and loaded with materials and equipment and will be deployed for the US$600 million ONGC pipeline project in India, which is scheduled to begin in November 2004.

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