Seacor’s new JV to buy eight PSVs in China

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Offshore vessel owner Seacor Marine has formed a joint venture company with China’s shipowner Cosco and has ordered eight offshore vessels.

The joint venture named Seacosco Offshore entered into contracts to buy eight Rolls-Royce designed new construction platform supply vessels from Cosco Shipping Heavy Industry (Guandong) shipyard.

Six of the PSVs are of UT 771WP design (4,400 tons deadweight) and two are of UT 771CD design (3,800 tons deadweight).

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