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Swiber opts for Mexico flag for five vessels

Swiber opts for Mexico flag for five vessels
Swiber is switching to the Mexican-flag for its five offshore vessels that operate in the country’s waters.

The Singapore-listed company is reflagging five vessels that operated in Mexico for the last three years to the Mexican flag in a move to show its commitment to the country’s oil and gas industry.

The derrick pipelay barge Swiber Concorde was the first vessel to switch to the Mexican flag on Monday. Another derrick pipelay barge and three AHTS’ will also be Mexican flagged.

“With our fleet flying the Mexican flag, the Group will be in an advantageous position to offer immediate integrated solutions to fulfill the requirements of the Mexico market,” said Antonio Villegas, president of Swiber Offshore Mexico.

“With the implementation of the energy reform in Mexico, we are confident that the group readily has the capabilities to deliver efficient and competitive offshore construction and marine services to existing clients and to the increasing number of new players entering the market.”