Louis Dreyfus-Fairmount JV acquires semi-submersible bargeVessel & ROV News // September 1, 2005
The semi-submersible barge Zhong Ren 3 has been delivered to its new owners, a Dutch joint venture (JV) company between Louis Dreyfus Armateurs SA and Fairmount Marine Investments BV.
The partners in the JV said they believe the Zhong Ren 3 to be an excellent investment that will servce the oil and gas industry and other clients in need of transportation services.
Fairmount has had the barge on time-charter in the past, and will continue to operate the barge, with full technical and commercial support from Louis Dreyfus Armateurs
The barge has been renamed Gavea Lifter and is currently in Brazil serving as a dry-dock for maintenenace work on mobile drilling units.