SBM gets more Fast4Ward hulls orders

Dec 08, 2019
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SBM Offshore has announced that it has signed contracts for the construction of the firm’s fourth and fifth hulls under its purchase programme for Fast4Ward new build multi-purpose hulls.

The contracts were signed with Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. (SWS) and China Merchants Industry Holdings (CMIH). Both yards are also progressing the construction of SBM Offshore’s first three hulls which are already allocated to projects.

Bruno Chabas, CEO of SBM Offshore, commented: “We continue to have good visibility on new awards from active client engagements. This has given the Company the comfort to accelerate the program and commit to two additional Fast4Ward hulls. The Company is currently constructing five hulls simultaneously, a fact which underscores the fundamentals of our market and SBM Offshore’s competitive position.”