SINGAPORE -- China-based Yantai Raffles Shipyard Ltd. has won a $78-million contract to build a flexible fall pipe bulk carrier for Dutch dredging, offshore and marine construction company, Van Oord.
The company says the new vessel is designed as a bulk carrier and can alternatively be operated as a DP flexible fall pipe vessel to carry out subsea rock installation, including the stabilization, protection and covering of cables, pipes and flow lines; free span correction; upheaval buckling prevention; and filling in holes around platforms, structures and rigs.
The vessel, measures 175 m (574 ft) long, with a 26-m (85-ft) beam and an operating draught of 10.7 m (35 ft). It has accommodations for 52 and has a maximum working depth of about 2,000 m (6,562 ft).
Built to ABS and Bureau Veritas standards, the vessel is contracted to operated in European waters, but will be capable of operating worldwide, Yantai Raffles says.
Delivery is expected in 4Q 2008.