VT Haltermarine wins $10.2 million order for OSVNews // November 22, 2002
The contract is for an OSV for an undisclosed owner and is worth in excess of S$18 million (US$ 10.22 million). The contract also includes options for six additional vessels which, if exercised, could bring the total contract value to exceed S$ 120 million (US $68 million).
The 220 ft x 46 ft x 17 ft OSV has a liquid-mud capacity of 4,700 barrels and a dry bulk mud capacity of 8,420 cubic feet. The main-propulsion system consists of two, 2,000 hp Z-drives. The vessel will be equipped with an automated cargo-control system and a dynamic-position system. It will be classed by ABS and U.S. flagged for international service.
The vessel is expected to be delivered in approximately 13 months.