Kleven Maritime Commissioned to Build Second Seismic Vessel for Sanco

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May 2, 2012

Norway’s Kleven Maritime said today that it will be constructing a second seismic vessel for Sanco Shipping AS at the company’s Myklebust Verft yard in Norway.

The vessel, which will be named Sanco Sword, is scheduled to be delivered in Q1 2014 and will be the sister vessel of the Sanco Swift, a 96m designed and built to conduct 3D seismic surveys with up to 14 cables.  The Sanco Swift is due for delivery in July 2013.

“We chose to declare the option for the second vessel because we see a continuous need for new tonnage within the seismic market,” said Ivar Slettevoll, CEO of Sanco Shipping.

The order brings Kleven Maritime’s oder book to a total of nine vessels worth a total value of more than 4 billion NOK, or approximately US$173 million.

“We are impressed by Sanco and their investments in the very advanced seismic market. For us it is of great value to establish a local cooperation also within the seismic segment,” said CEO StÃ¥le Rasmussen in Kleven Maritime.

The Sanco Sword will be of the same ST-324 CD design as her sister vessel, and will be able to accommodate up to 60 people and is designed for worldwide operations.

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