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Jaya sells second ice-class AHTS vessel

Jaya sells second ice-class AHTS vessel
Singapore-based Jaya Holdings has inked an agreement to sell a state-of-the-art anchor handling tug supply (AHTS) vessel to Canadian buyer Atlantic Towing Limited.

The ice-class offshore vessel, Jaya Sovereign, will be delivered to the buyer by the end of 2013. Jaya Sovereign is a sister ship to Jaya Supreme which was handed over to Atlantic Towing in November last year.

Jaya Sovereign's main engines can deliver more than 16,000 bhp power output with a continuous bollard pull of over 200 metric tonnes. The DP2-capable vessel is fitted with two bow thrusters and two in the stern. For work close to the Arctic Circle, the vessel has DNV's Ice-1A class notation.

“This is a repeat order for a vessel which is among the most sophisticated ever built for the offshore sector here in Singapore,” said Venkatraman Sheshashayee, ceo of Jaya.

He added that huge interest in Arctic Sea drilling means demand for Jaya Sovereign type vessels was rising. A recent licensing of 35m acres of Russian Arctic to a Russian and international joint venture meant drilling was anticipated annually through to 2020 on a seasonal basis.