NEWBUILD: Fast craft for oil work

Incat Tasmania Pty Ltd has secured a contract for the construction of a fast 70m crew support vessel for operations in the Caspian Sea oil industry in Azerbaijan. The contract was signed on 1 August in Baku, Azerbaijan by Incat Chairman Robert Clifford and representatives of Caspian Marine Services. Incat Chairman Robert Clifford said: ‘At 70m in length and with a 30-knot speed, this will be the largest fast crew transport vessel operating in the global oil industry, and Incat envisage an expanding market for this type of vessel.’