Keppel holds steel-cutting for Floatel Endurance newbuilding
On 25th October 2012 strike steel took place in Keppel Subic Shipyard in Philippines. This is the commencement of the construction work of Floatel International’s fourth new-building ordered at Keppel FELS, Singapore. The new building is due for delivery early 2015 and will be named Floatel Endurance.
“I am very pleased to see that the construction of our fourth new building has commenced and that the project is on track for delivery early 2015. On behalf of the Board of Directors I would like to thank the shipyard and our project team for all efforts taken to achieve this important project milestone”, said Mr Peter Jacobsson.
About Floatel International Ltd.
Floatel International Ltd. was established in 2006 to satisfy a market demand for a new generation of offshore floatels. The vision of the Company is to own and operate the most modern, safe and reliable floatel fleet in the world to meet the increased market demand. The first vessel, Floatel Superior, was delivered in March 2010 and is specifically designed for hostile environment meeting the latest North Sea regulations for year around operations.
Floatel Superior is presently operating for Statoil in the North Sea. Floatel Reliance is designed for medium harsh environment delivered October 2010 and commenced a 5 year charter for Petrobras January 2011. Floatel Victory is currently under construction and will start its maiden charter in February 2015 for Chevron North America.
In August 2012 Floatel International placed an order with Keppel FELS for construction of a fourth semi submersible accommodation vessel, due for delivery early 2015.
Floatel International AB is a management company responsible for construction supervision and operational management for and on behalf of the Owner, Floatel International Ltd.