Drydocks World Newbuild Contract

Drydocks World - Southeast Asia Pte Limited, the Southeast Asian subsidiary of Drydocks World, announced that it has secured a newbuilding contract with Scottish Highlands International Inc., a subsidiary of Coastline Maritime Pte Ltd, to construct a 689-ft Ultra Large Multi-Purpose Offshore Construction Vessel.

DDW-Sea operates four shipyards in Singapore and on Batam Island Indonesia providing offshore rig construction, volume shipbuilding and ship repair and conversion services. It currently has fourteen offshore supply vessels under construction. Its flagship building is OSA Sampson, the second of two Multi-Purpose Offshore Construction Vessels under construction at Drydocks World - Pertama shipyard for Coastline Maritime. The first vessel OSA Goliath was delivered in April last year and is currently operating in the Gulf of Mexico.

The vessel, designed by Coastline Maritime, will be larger than her sister ships and with a beam of 118 ft is sized to transit the Panama Canal following the planned widening of its lock gates. Like the OSA GOLIATH and OSA SAMPSON the new vessel will be caterpillar diesel-electric powered through a total of seven thrusters providing full DP3 capabilities. She will also be equipped with 4,000 tonnes crane capacity, doubling the capacity of the existing vessels. Accommodation is provided for 400 crew on seven decks.

(www.drydocks-sea.com)