Another construction vessel for Coastline Maritime

Singapore-based Coastline Maritime will invest in a new multipurpose construction vessel which is likely to be constructed at Drydocks World Singapore’s shipyard in Batam, Indonesia.

Coastline has procured part of the required equipment for the newbuild vessel for which construction is expected to begin in the first quarter of next year with delivery planned for the second quarter of 2011. The newbuilding will be equipped with DP-3 and a 1,600 tonne crane to install offshore platforms and pipelines in up to 3,000 metres of water.

Coastline has two similar vessels, Goliath and Samson, under construction at the same shipyard. These two vessels have been sold to Oceanografia and are scheduled for delivery in the fourth quarter of this year and the first quarter of 2010, respectively.