Nordcapital orders AHTSs in Korea

Nordcapital, Germany, has signed a contract with Se Kwang Heavy Industries, (the former INP) Ulsan, Korea, to deliver four UT 786 CD anchor handling tug supply vessels (AHTS). The total value of the contract is approximately $ 300 million and delivery is scheduled for the third and fourth quarter of 2009.

Environmental features such as clean design, ballast water management treatment and oil recovery will be incorporated. The contract also includes an option for four further vessels for delivery in 2010. “With this new order for very modern Rolls-Royce design AHTS, Nordcapital’s involvement in the offshore industry is not only expanding but also diversifying into a different type of offshore vessel,” said Willem Dekker, Managing Director of OSM Schiffahrt GmbH & Cie. KG, Hamburg.