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    CH Offshore secures charter for newbuild AHTS

    Vessel & ROV News // November 16, 2006

    The Board of Directors of CH Offshore Ltd have announced that the company has entered into a bareboat charter for the AHTS Tourmaline with Offshore Marine Services of Western Australia.

    Tourmaline is a new 12,240bhp, 150 ton bollard-pull anchor-handling tug/supply vessel that the company will take delivery of from the a yard in Japan at the end of December.

    Under the deal, the company will charter Tourmaline to OMS for a
    primary period of 13 months for approximately US$7.5 million.

    OMS has an option to extend the charter period for another 11 months for approximately US$6.35 million.

    The charter is expected to commence around end January 2007 or early February 2007.

    Tourmaline will provide support services to the drilling jack-up drill Wilcraft on the Australian Continental Shelf.

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