STEng – BT

ST Engg lands $441m supply vessel job

ST Engineering’s US shipyard, VT Halter Marine, has secured a shipbuilding contract worth $441 million from New York-listed Hornbeck Offshore Services Inc.

Under the contract, VT Halter will construct eight 97.2 metre long offshore supply vessels (OSV) – the Super 320 – with options for up to 24 more, the company said yesterday.

The Super 320 design is an enlarged version of the 88-metre platform supply vessel, HOS Coral, which VT Halter delivered to Hornbeck in March 2009.

Particular attention to stringent regulations for environmental stewardship was given to the design of Super 320, which VT Halter had developed for Hornbeck.

The OSVs will include a double-hull that eliminates any fuel storage adjacent to the sideshell, and propulsion machinery that meets the requirements of EPA Tier 3 for stack emissions.

It will have about 20,900 barrels of liquid mud carrying capability, 1,102 square metres of deck area and a fire-fighting class notation.

These vessels will be constructed in VT Halter’s yards at Moss Point Marine and Halter Moss Point in Mississippi.

Construction of the first vessel is expected to commence in the first quarter of 2012 while engineering work has already begun.

Deliveries of the first and eighth vessels are planned for October 2013 and September 2014 respectively.

The first option for the additional vessels is required to be exercised by September 2012 and may be exercised individually or in a series.

Delivery dates for option vessels are about 26 months following the option exercise.

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