Hallin sells saturation diving system

Hallin Marine has sold one of its saturation diving systems to a US-based company for $7.5 million.

Offshore staff

ABERDEEN, UK -- Hallin Marine has sold one of its saturation diving systems to a US-based company for $7.5 million.

The saturation diving system, Sat 05, was built in 2005 and is sold with an associated air diving spread. It is a 12-man system complete with three man bell.

A saturation diving system sale was planned for 2008 and the replacement, Sat 09, is already under construction at the company's manufacturing facility in Singapore and is due for completion during 1Q 2009.

09/09/2008

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