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WINS takes delivery of largest PSV, "WM Pacific"

Maritime Activity Reports, Inc.

April 30, 2014


Wintermar Offshore Marine (WINS) announced having taken delivery of "WM Pacific”, the Largest Platform Supply Vessel (PSV) flying the Indonesian flag. 

'WM Pacific' is our 4th and largest Platform Supply Vessel. She will be the only Indonesian flagged PSV that is equipped with Firefighting capability certified to FIFI 2 standard.
 
She is 83m long, equipped with DP2 (Dynamic Positioning) and classification ABS + A1 (E) Offshore Support Vessel notation. She is certified to participate in search and rescue operations and has oil recovery capability and capable to transport methanol. She has 1,000m2 of deck space and her cabins can accommodate up to 58 persons.
 
'WM Pacific' was built in China by POET Shipbuilding and Engineering Pte Ltd. She is owned by PT WM Offshore, a subsidiary of PT Wintermar Offshore Marine Tbk, in partnership with PT Meratus Line. WM Pacific was funded by 30% shareholders funds and a 70% bank loan with an international financial institution.
 
This is the third new vessel delivery for WINS in 2014, the first and second being one Anchor Handling Tug and one 8000 BHP Anchor handling Tug Supply (AHTS) . The company informed of having another 2 vessels expected for this year including with a total capex of about USD 60million for the year.
 

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