Fugro Clinches Contract for New Vessels

Fugro N.V., and Tebma Shipyards Limited have signed a ship building contract for new Geotechnical Research Vessels.

The vessels are DP2, approximately 82.9 meters long, 19.8 meters wide and have a dead weight of approximately 2500 tons. The contract is for two firm orders plus two optional vessels for various subsidiaries of the Fugro Group. The first vessel is to be delivered by June 2012 and the second vessel in October 2012.