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 26, 2007

Aker to build PSV for Portosalvo

Aker Yards has entered into a contract with Portosalvo Ltd. for construction of an Aker PSV 09 CD design platform supply vessel.

The value of the contract is approximately NOK 310 million. Delivery is scheduled in 4Q 2010.

Portosalvo Ltd. also have an option for one more identical vessel.

Portosalvo Ltd is a UK based subsidiary of the Rimorchiatori Napoletani Group.

The 4,800 dwt vessel will have a length of 86.6 m, a beam of 19 m and will be equipped with dynamic positioning, diesel electric propulsion and will have the class notation Clean Design. The vessels are designed for good sea keeping performance, low fuel consumption and environmental friendly operations.

The hull for the vessel will be built at Aker Yards in Romania and outfitted at Aker Yards in Norway.

Roy Reite in charge of Aker Yards' Offshore & Specialized Vessels business area, says: "I am very pleased that Portosalvo again has placed a newbuilding contract with Aker Yards."

Aker Yards has built two earlier vessels for Portosalvo Ltd., the last being delivered in 2002.

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