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| | Seabulk International Acquires Newbuild Platform Supply Vessel |
 | | The 5,500-horsepower, 236-foot vessel will join the Company's West African fleet, which presently comprises 42 vessels ranging from crewboats to sophisticated anchor handlers. |
 | | PSVs are large, multipurpose vessels used to ferry equipment, supplies and personnel to offshore platforms and rigs engaged in the production of crude oil and natural gas. |
 | | These two vessels -- the Seabulk Padamyar, a 3,800-horsepower anchor-handling tug/supply vessel, and the Seabulk Nylar, a 3,800-horsepower PSV -- have secured three-year contracts with two option years with a major international oil company. |
| www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-17-2003/0001874243&EDATE= (390 words) |
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