McDermott (MDR) Unit to Construct S-Lay Vessel w/ 2,000-Ton Crane

December 27, 2012 8:07 AM EST Send to a Friend
Get Alerts MDR Hot Sheet
Trade MDR Now!
McDermott International, Inc. (NYSE: MDR) announced that one of its subsidiaries has signed a contract for the design and construction of a new high-spec, highly capable dynamically-positioned combination S-Lay vessel with a 2,000-ton crane.

The vessel, tentatively named Derrick Lay Vessel 2000 (“DLV2000”), will be constructed at Keppel Singmarine in Singapore and is expected to take approx 2.5 years to build.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Corporate News

Add Your Comment