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New cooperation agreement

Friday, November 24 2017

On November 21, 2017, OOS International has entered into a memorandum of understanding  with Jiangsu Fanzhou Shipping Co., China.

Both companies agreed to form a strategic alliance to expand the coverage of their vessels globally.

OOS International operates a fleet of heavy lift accommodation semi-submersibles, while Fanzhou offers a fleet of transport semi-submersibles, barges and marine vessels. Together, both companies intend to grow their international businesses. This collaboration enables Fanzhou to increase their exposures in Europe, Americas and Mexico through OOS International’s established strong presence and OOS International will be able to extend their presence in Asia through Fanzhou.

Contract signing by Mr. Jiang Juejie, General Manager of Fanzhou, and Mr. Léon Overdulve, CEO of OOS International.

“We are extremely proud to partner with Fanzhou, known for their innovative portfolio of assets and experience, to bring valuable resources to the offshore field worldwide. This partnership will provide an attractive win-win business proposition for both companies as it leverages on the strengths of each company,” says Mr. Léon Overdulve.

The cooperation agreement involves the exclusivity of two vessels for OOS International, a 50,000mt semi-submersible heavy lift vessel and 20,000mt self-propelled barge (deck carrier), both currently under construction and to be delivered in 2018.

 

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Filed Under: International News, MoU, Oil and Gas Tagged With: Jiangsu Fanzhou, OOS International

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