Page 22: of Maritime Reporter Magazine (June 2003)

Seabulk Contracts for

PSV in Brazil

Seabulk Offshore do Brasil, Ltda.. finalized an agreement with Promar

Brazil (Estaleiro Promara I) to build a

UT-755L platform supply vessel (PSV) for delivery in the fall of 2004, with an option for a second ship. To be named

Seabulk Brasil, the 5,460-hp, 236-ft. (71.9-m) newbuild has a purchase price of $16.7 million, and upon delivery, will enter the Brazilian offshore market, where the company currently has one 200-ft. PSV operating.

The company has also agreed to pur- chase a Brazilian-flag line-handling ves- sel for approximately $2.5 million. The purchase of the vessel, to be named the

Seabulk Ipanema, is expected to close in July 2003. Similar in design to

Seabulk Offshore's new PSV flagship,

Seabulk Africa, which joined the West

Africa fleet earlier this year, Seabulk

Brasil will be equipped with Fire

Fighting Class 1 and DPS Class 1 certi- fication and high-tech communications and navigation equipment, including

GMDSS up to A3 regions.

Rolls Royce Marine is providing the

UT 755L design and a substantial amount of equipment for the vessel.

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