Prosafe Emerges as Lowest Bidder in Brazil Offshore Tender

European owner and operator of semi-submersible accommodation vessels Prosafe has submitted the largest bid in two online auctions for the supply of safety and maintenance support vessels to Brazil.

"Prosafe has participated in an online auction for the supply of safety and maintenance support vessels to Brazil and on conclusion of the auction achieved first place commercial ranking," said a statement from the operator of offshore accommodating units known as flotels.

The auction concluded on 23 January 2019 was related to a two batch public opportunity with each resulting contract being for a three year duration.

With Prosafe being ranked first place in both batches, the client will nominate which batch the Safe Eurus will be allocated. There now follows a compliance evaluation process before the contract will be formally awarded.

Upon conclusion of the process and anticipated contract award, Prosafe will deliver the Safe Eurus within 150 days and commence operations creating synergies with her sister vessel, Safe Notos already on charter offshore Brazil.

The commercial flexibility afforded to Prosafe through very attractive delivery and financing terms with COSCO Shipping (Qidong) Offshore Co. Ltd has created a significant competitive advantage in the process.