Jaya Holdings Limited, the leading offshore energy services provider, is pleased to announce today the delivery of its first high-specification, Deepwater Platform Supply Vessel (PSV) - “Jaya Valour”, said in the company's press release. The vessel was delivered on schedule an d on delivery went on-hire immediately, embarking on its maiden voyage as part of a long term charter contract in South East Asia with an existing customer undertaking fracturing work. Jaya Valour is one of the four PSVs in Jaya’s new build program, of which three have already secured contracts for charter. The total value of these three contracts is more than US$60 million, including optional extension periods. Jaya Valour has more than 1,000 square metres of clear deck space, fire fighting capability and dynamic positioning to DP-2 class. The vessel has accommodation for up to 60 people on board including workout equipment and an internet café.
The vessel has the capacity to carry up to 5,500 tons of cargo deadweight and her versatile cargo capacities have been further upgraded to be able to load, process and deliver specialised fracturing proppants to stimulate production from offshore oil and gas wells. The Group owns and operates more than 25 offshore vessels working across South East Asia, the Middle East and West Africa on charter to both oil companies and offshore services companies. ABOUT THE COMPANY www.jayaholdings.com SGX mainboard listing: March 1992 Jaya Holdings (JAYA:SP) is a leading Offshore Energy Services Group, headquartered in Singapore. The Jaya Group provides a wide range of services and solutions to the offshore oil and gas E&P domain.