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OBAMA OFFSHORE DRILLING POLICY
How do you see the decision to open up more U.S. offshore acreage for exploration

Too little, too late
Sensible compromise
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April 23, 2010

New hoverbarge series to make OTC debut

Hovertrans Solutions Pte. Ltd. has developed a new modular range of hoverbarges ranging from 50 tons to 400 tons. The modular hoverbarge is constructed from specially designed pontoons with a modular skirt and lift fan system. The modularity means that the hoverbarge can now operate inside previously difficult to access areas. The hoverbarge can be trucked to the location and assembled on-site, enabling access to inland areas such as lakes, rivers and wetlands. Another advantage is that mobilization and de-mobilization costs are significantly reduced thus making it more cost effective to own and operate hoverbarges for charter companies.

Hovertrans Solutions, which will make its debut at the Offshore Technology Conference 2010, Houston, May 3 - 6 May, has been formed by Singapore Technologies Marine Ltd (ST Marine) together with partners with nearly 40 years of managerial experience in the hoverbarge marketplace. The new company leverages ST Marine's extensive capabilities, including those of its U.S. operation, VT Halter Marine.


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