IMO ENVIRONMENTAL REGULATIONS
Are IMO regulations tough enough to keep national governments from imposing stricter measures?

Yes--Mostly
Only partly
No--expect a slew of regional regs!

Marine Log

July 2, 2007

Aker DOF Supply formed to own Vietnam-built anchor handlers

Six anchor handlers ordered from Aker Yards' Vietnam yard (see earlier story) will be owned by a new joint company established by DOF ASA and Aker Capital, a wholly owned subsidiary of Aker ASA.

Aker and DOF are listed on the Oslo Stock Exchange.

Owned 50/50 by Aker Capital and DOF, the newly established Aker DOF Supply will own the six anchor-handlers with DOF in charge of commercial and technical operations.

The contract value of the newbuilding series of six AHTS vessels is approximately NOK 1.8 billion. the newbuilding order includes an option to build an additional six vessels.The delivery period for the vessels is 2010-2012.

DOF CEO Mr. Mons Aase comments: "DOF and Aker companies have been working together for many years to develop both offshore vessel types and business opportunities. Aker Oilfield Services was established earlier this year by pooling the know- how of DOF Subsea, Aker, Aker Kvaerner, and Aker Yards. A new and even closer working relationship will be seen in Aker DOF Supply."

The DOF group currently has a fleet of 57 vessels in operation or on order.

Aker DOF Supply's six anchor-handling (AHTS) vessels are of the AH08 Aker Yards design. The towing power (Bollard Pull) of the vessels is approximately 180 metric tons; their main engines are rated at about 16,000 BHP. The vessels will conform to the strictest environmental standards, Det norske Veritas Clean Design.

MORE NEWS STORIES