Hallin Marine has signed a contract for the construction of an 80-meter dynamically positioned (DP2) subsea operations vessel, to be named the Coniston. The Coniston will be fitted with an integral saturation diving system, a 50 tonne active heave compensated 1500 meter depth subsea crane and high efficiency diesel electric propulsion. The order for the vessel has been placed with experienced shipbuilders Bina Marine Pte Ltd (Bina Marine) and delivery is scheduled for the fourth quarter of 2010. Hallin will source both the saturation diving system and the crane for installation in the Coniston. The anticipated total cost of the finished vessel to the Company will be US $51.4 million. The Coniston will be able to operate in deepwater, carry and deploy the Company's Remote Operated Vehicles (ROVs) and accommodate up to 120...
[read full story]
Your Web Site
