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Vallianz bids for $1.2bn in offshore jobs

Singapore’s Vallianz has bidded for offshore projects worth over $1.2bn to supply offshore vessels in Asia, Middle East, Latin America and Africa.

Lee Hong Liang, Asia Correspondent

April 24, 2014

1 Min Read
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For these projects, Vallianz aims to provide a variety of offshore vessels to perform services emcompassing platform supply run services, anchor handling and supply services, accommodation services and salvage support services to major international and national oil and gas companies, as well as service providers to oil and gas companies.

In addition to bidding for projects, Vallianz will be expanding its fleet size by an additional 24 vessels to be delivered within the next 24 months. These vessels include primarily platform supply vessels (PSVs), anchor handling tug supply (AHTS) vessels, multi-purpose vessels (MPVs) and anchor handling tug (AHT) vessels.

Vallianz has also signed a collaboration agreement with a Chinese shipyard to provide market intelligence, including future trends and engineering specifications and requirements for up to 200 new offshore vessels.

“The strategic collaboration with the shipyard enhances Vallianz’s capability to plan ahead and the numbleness to provide marine vessels in a timely manner so as to swiftly capitalise on the industry’s burgeoning growth opportunities,” said Darren Yeo, executive director and ceo of Vallianz.

“This collaboration allows Vallianz the long term remarkable capability to confidently bid or projects and swiftly capitalise on opportunities, while having the opportunity to access to vessel supply in which we are confident of the engineering specification and which meets the most stringent industry requirements,” he added.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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