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ASL Marine to build $138m pipelay vessel

ASL Marine to build $138m pipelay vessel

Singapore: ASL Marine has been awarded a contract by the Larsen & Toubro/SapuraCrest Petroleum joint venture for the construction of a $138m S2500 pipelay vessel. The new generation vessel, designed by offshore ship design group Sea of Solutions, is due to enter service in 2009.

Sea of Solutions commercial director Bob Rietveldt, said "There haven't been any modern dedicated derrick/pipelay vessels built over the past 15 to 20 years. To our knowledge the S2500 is now the second newbuild, only preceded by the Sapura 3000 presently being built by the Sembawang/Huisman consortium, which is also based on our design," he says. "These new designs bring substantial innovations to speed operations and deliver cost savings to operators."
The new design for the vessel features a more shipshape hull with bulbous bow, increasing transit speed and generating additional space for the mooring system without consequences for DP lay-out. 

Last week, ASL Marine announced that its new yard in China's Guangdong province is expected to double its offshore vessel construction capacity when it is operational in 2008. [30/04/07]