Drydocks World wins $100.4 mln deal from Tidewater Marine

Drydocks World LLC, Dubai World’s ship-repair unit, won a $100.4 million contract to build four platform supply vessels for Tidewater Marine LLC, a unit Tidewater Inc.
The contract has an option for four more vessels, Drydocks World said in an e-mailed statement today. The vessels will be built at the Drydocks World-Nanindah shipyard at Batam in Indonesia and the first ship is scheduled for delivery in 18 months.