Island Offshore Signs Contract with STX for Two PSVs

STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, announces that contracts for two Platform Supply Vessels (PSV) with Island Offshore have been confirmed.

The contracts had originally been announced on 30 October 2011, subject to financing approvals. All subjects have now been lifted and the contracts have been made effective.

About Island Offshore

Island Offshore shall be a leading provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels. The Island Offshore Group is currently operating a fleet of 17 vessels ranging from Platform Supply vessels, Anchor Handling Vessels, Subsea Construction Vessels to Light Well Intervention Vessels. The group has several vessels under construction.

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Offshore Nieuws Staff , November 29, 2011; Image: islandoffshore