FAIR Reaches Milestone for FORTE Semisub

Fairstar Heavy Transport N.V. (FAIR) attended the keel laying ceremony of the 50,000DWT semi-submersible vessel FORTE at the GSI facility in Qidong, China. Senior executives from Guangzhou Shipbuilding International (GSI), Det Norske Veritas (DNV) and Fairstar witnessed the first block being lowered into the dry dock.

"We are thrilled to see the keel block now in place. In the coming months hundreds of additional blocks will be assembled into the FORTE and we expect to float the hull out of the dry dock on September 15, 2011. We are deeply impressed with the commitment of GSI and their Team on site. Our own site team of inspectors have been more than satisfied with the levels of quality and craftsmanship we see day after
day from GSI and all of their sub-contractors. We are confident the FORTE will be completed on schedule to meet its May 1, 2012 delivery date, well in time to begin service under its long-term, multi voyage Gorgon contract." reported Willem Out, Fairstar's Chief Operating Officer.