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Swiber buys US$10m pipelay vessel

Sea Horizon, a seasoned shallow-water barge, is to be mobilised as part of an 82-strong fleet for work off India

Published Wed, Dec 23, 2015 · 09:50 PM

    Singapore

    SWIBER Holdings announced on Tuesday the US$10 million purchase of a seasoned shallow-water pipelay vessel, Sea Horizon, confirming a BT report in October.

    The company's deputy chief executive, Darren Yeo, had told BT that the vessel, bought at a court auction, would be mobilised as part of an 82-strong working fleet for work off India.

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