CARLYSS, Louisiana -- Global Industries Ltd. has approved the construction of a second $250-million new-generation dynamically positioned combination derrick/pipelay vessel.
The new vessel,Global 1201, is scheduled for delivery in April 2011, 12 months after delivery of the Global 1200, its sister ship.
The vessel is multi-purpose, designed for work in both deep and shallow water, with a high bollard pull allowing for pipelay without the need for supplemental tugs. With a length of 587 ft (179 m), theGlobal 1201 will have a state-of-the-art pipelay system capable of operating in water depths to 10,000 ft (3,000 m) and handling up to 60 in. (152 cm) concrete coated pipe. The vessel incorporates a 1,200-metric ton (1,323-ton) capacity crane and a deepwater lowering system. Classed as DP-2, the vessel will be able to transit at speeds of up to 15 knots.