Supervision Agreement for Two PSV
On the 31st of May, OSM Singapore signed a NB Supervision Agreement with ITG Group Xiamen for two Ulstein designed PX121 at Nantong Rainbow Offshore and Engineering.

On the 31st of May, OSM Singapore signed a NB Supervision Agreement with ITG Group Xiamen for two Ulstein designed PX121 at Nantong Rainbow Offshore and Engineering.

The building period will have a duration of about 20 months, with steel cutting to take place early December 2013.

ITF Group is a comprehensive enterprise founded in 1980 and is listed on the Shanghai Stock Exchange. They have traditionally been owners of containers and bulk carriers and this is the first time they have decided to go into the OSV industry.

OSM is very pleased to have been given the opportunity to provide NB Supervision service to ITG, in order to ensure completion of the two PSVs to the highest industrial standard.