CMM gets US$130 million Petrobras contract

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Brazil’s Petrobras awarded Compagnie Maritime Monégasque SAM (CMM) US$130 million contract to charter five new-build fast oil spill response vessels.

Rendering of Damen fast oil spill response vessels. From CMM.

The vessels will be equipped with the fuel-efficient Sea Axe Damen axe-bow design, allowing the vessel to reach offshore oil platforms in half the time it takes traditional oil spill response vessels. CMM says the vessels have unrivalled speed, stability and operability in deep seas.

Three vessels will start operating by end of December 2015 and two by end of June 2016. The four-year firm contract has options for a further four-year term.  All of the vessels are being built by Damen, and will have state-of-the-art guidance and propulsion systems with built-in redundancies.

“This is our second Brazil project and we look forward to further building and developing our partnership with Petrobras. CMM’s track record in managing and executing projects of this nature, working closely with the client, was key to our success in securing this contract,” says Christophe Vancauwenbergh CMM CEO.

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