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    Seabulk International takes delivery of Seabulk Nilar

    Vessel & ROV News // February 28, 2003
    Seabulk International has taken delivery of Seabulk Nilar, a newbuild 3,900hp PSV built by Labroy Shipbuilding & Engineering PTE, Ltd of Indonesia.

    The vessel, which will be operated by the company's Seabulk Offshore subsidiary under a bareboat charter arrangement, is owned by the Labroy Group. It will work in Southeast Asia, where the company currently has a fleet of 10 vessels, and is chartered tothe major international oil company, TotalFinaElf, under a three-year arrangement with two option years.

    "Today's announcement is further evidence of our commitment to renew our international offshore fleet and provide our customers with the finest and most modern equipment available," commented Hubert E Thyssen, corporate vice president and senior vice president of marketing for Seabulk Offshore.

    "Earlier this month we celebrated the naming of the Seabulk Africa, the new flagship of our West African fleet. Today we welcome the Seabulk Nilar, a powerful and highly maneuverable vessel with sophisticated firefighting and anti-pollution equipment, toour Southeast Asia fleet. The Seabulk Nilar is the result of a unique, three-party arrangement among Seabulk Offshore, the Labroy Group and TotalFinaElf. Next month she will be joined by the Seabulk Badamyar, a newbuild anchor-handling tug/supply vessel, under an identical arrangement with Labroy and Total."

    "In this way we are showing our commitment to the international offshore markets and, at the same time, consolidating our position for the future," he concluded.

    Seabulk Offshore operates a fleet of 131 vessels in the Gulf of Mexico, Caribbean, South America, West Africa, Middle East and Southeast Asia.

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