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Marine Log

AFRICAN CARIBE

February 25, 2008

Yantai Raffles delivers accommodation barge

Singapore-headquartered Yantai Raffles Shipyard reports that its Yantai, Shandong Province, China, yard has delivered a 350-man Work Accommodation Barge, to Norway-based Marine Subsea AS ("Marine Subsea").

Intended for the support of offshore activities, the barge is built to ABS Class + A1 requirements. With an overall length of 102 m and overall width of 30 m, the barge, named African Caribe, is equipped with a 150 metric ton crawler crane.

Yantai Raffles is expected to deliver a second unit for up to 400 persons to Marine Subsea before the end of 2008.

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