Piriou to build yard in Nigeria

News - May 15, 2006

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LR-Fairplay reports that French shipbuilder Piriou, which specialises in the construction of tugs, supply vessels and tuna carriers, is to invest US$30 million in construction of a new shipyard in Nigeria.

The facility, due to become operational by the end of 2007, will be able to build four ships simultaneously, including two 70m supply vessels.

Said LR-Fairplay: "The yard will be able to build vessels up to 2,200dwt and 100m in length. With this investment Piriou aims to strengthen its position as a major shipbuilder in the offshore sector as Nigeria is well placed for this business."

Piriou has built many ships for the offshore industry, particularly for booming French offshore specialist Bourbon. It has also built tugs for the French group, and last week announced an historic €45 million order for eight port tugs for Bourbon’s port towage subsidiary Les Abeilles, noted LR-Fairplay's report.

 

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