Siem to Acquire Large PSV

Siem Offshore Inc has entered into an agreement with Simon Mokster Rederi AS for the acquisition of the 1999-built large-size PSV "Stril Supplier" at a price of NOK 280 million.

The vessel is of MT 6000 design and has diesel electric propulsion, a deck area in excess of 900 square meters, and full under-deck capacities including methanol.

The vessel will be named "Siem Supplier" and delivered to Siem Offshore in July 2007 after the completion of its current charter.

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