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    SCAN Geophysical provides update on newbuilds

    Vessel & ROV News // February 22, 2008

    SCAN Geophysical, which is building three 10-streamer vessels at the ABG Shipyard in India, says the company and its yard supervisor V-Ships estimate that the first vessel, SCAN Empress, will be delayed by approximately three months, implying a delivery date at the end of September 2008.

    For the second vessel, SCAN Finder, there has been limited progress since the steel cutting commenced in August 2007.

    The yard had planned to construct this hull in new and
    more efficient production facilities next to the existing yard, in order to catch up on previous delays.

    However, SCAN has been informed that the yard has suffered from delays in the necessary permits from local authorities related to use of the new yard facilities, and the construction of the vessel is assumed to be delayed accordingly.

    The construction work of the third vessel, SCAN Superior, has not yet been started for the same reason.

    The yard has not yet provided SCAN with new delivery dates, and hence these assumed delays are not confirmed by the yard.


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