OSLO, Norway, Feb. 10, 2014 (GLOBE NEWSWIRE) -- Nordic American Offshore Ltd., which is sponsored by Nordic American Tankers Limited (NAT) and is managed by a subsidiary of NAT, currently has six platform supply vessels operating in the demanding North Sea market. PSVs are highly sophisticated vessels, representing the latest in design and technology, and they play an integral role in the logistical chain in offshore exploration and production of oil and gas. The two newbuildings will be delivered in January 2015 and cost about $44 million each.
Nordic American Offshore Ltd. (NAO) Announces That It Has Agreed To Buy Two More Platform Supply Vessels (PSVs) From An Ulstein Company, Increasing Its Fleet To Eight Vessels Of The Same Type.
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