China’s Cosco Guandong shipyard has secured a contract from Sentinel Marine to build a multi-purpose Emergency Response and Rescue Vessel (ERRV).

According to a press release by the yard, COSCO Guangdong and Sentinel Marine have agreed to keep the contract price confidential.

The vessel is expected to be delivered in the first quarter of 2017. According to the contract, the UK-based Sentinel Marine has an option to place order for an additional vessel of the same type within six months.

Source: www.offshoreenergytoday.com

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