Compagnie Maritime Monégasque SAM (CMM) has secured contracts with Petrobras to charter five newbuild fast oil spill response vessels using a fuel-efficient Sea Axe design by Damen Shipyards Group, allowing the vessel to reach offshore oil platforms in half the time it takes traditional oil spill response vessels, according to a Damen press release.
Three vessels will start operating by the end of December 2015 and two by the end of June 2016. The four-year firm contract has a value of $130 million and is mutually extendable 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.
CMM is a privately owned ship-owning company headquartered in Monaco specializing in offshore support vessels.
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