GSI to build semi-submersible heavy transport vessels for Fairstar

  • 11-Jun-2010 03:19 EDT
Fairstar Fjord.jpg

Fairstar Heavy Transport plans to expand its fleet of semi-submersible heavy transport vessels (Fjord is shown) by adding two ships to be built by Guangzhou Shipyards International. Delivery is scheduled for April 2012.

Fairstar Heavy Transport NV has entered into a contract with Guangzhou Shipyards International Co. Ltd. (GSI) to build two 50,000-DWT open-stern, semi-submersible vessels at a fixed cost of close to $102 million per ship. The ships are based on a design approved by Det Norske Veritas. COSCO (China Ocean Shipping (Group) Co.) already ordered two of these vessels from GSI in 2008. The first is on schedule to be delivered in December of this year; the second will be delivered in 2011. “GSI will have built two of these ships for COSCO before delivering our first vessel in April 2012,” said Willem Out, Managing Director Fleet at Fairstar, noting that this should help Fairstar to “deliver these ships to the market on time and on budget. The size, speed, and performance of these two vessels, named Forte and Finesse, are ideal for the widest range of high-value, ultraheavy cargoes.”

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