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    Swissco expands fleet with S$18.5 million order

    Vessel & ROV News // December 11, 2007

    Swissco International Ltd has announced that its wholly-owned subsidiary, Swissco Offshore Pte Ltd has placed orders for four more offshore support vessels worth S$18.5m including owner supplied equipment.

    The first order is for two identical 26m aluminum crew/utility vessels, placed with a local shipyard which specializes in aluminum shipbuilding. Designed to carry both cargo and offshore personnel, these vessels are expected to be deployed in the regionís oil and gas fields by the first quarter of 2009.

    Swissco has also ordered two other vessels from an Indonesian shipyard. The first unit is a 57m landing craft (LCT), designed with a 1,000 ton cargo capacity that is fully equipped for oilfield work. The second unit is a 48m multipurpose accommodation Workboat. This vessel is designed and equipped for work such as
    diving support, maintenance work and towing.

    Both units are expected to join the Swissco fleet in the first quarter of 2009.

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