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Wilson Wins OSRV and PSV
News Source: Writer:  Published:2013-7-11

Wilson Sons Limited (“Company”) announces to all its shareholders, that it has signed a contract with Geonavegação S.A., wholly owned subsidiary within the Georadar Group, for the construction of two Oil Spill Recovery Vessels ("OSRV") with 1,080 m³ of recovered oil storage capacity and one Platform Supply Vessel (“PSV”) with deadweight of 5,000 t.

The vessels, which are scheduled for delivery in 2015, will be built in Wilson Sons’ shipyard complex, in Guarujá (SP), and have a total price of approximately BRL 293 million, when converted with the exchange rate on July 1, 2013.

The contract shall be effective upon payment of the first installment for each vessel limited to 90 days after contract signature.