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Marine Log

September 26, 2007

Rigdon takes delivery of second GPA 654

Guido Perla & Associates, Inc. reports that Bollinger Shipyard in Lockport, La has delivered the "Double Eagle", the second of ten GPA 654 PSVs ordered by Rigdon Marine in January 2006. With this multi-vessel order, Rigdon's GPA-designed fleet has increased to 20 PSVs, including 10 GPA 640s. Like its sister vessel "First and Ten", which was launched earlier this year, the Double Eagle has already been chartered by a leading U.S. independent oil company.

The design of the DP2- and FFV1-certified GPA 654s, measuring 58 meters in length, incorporates greater operating efficiency compared to similar sized vessels, increased cargo capacities resulting from locating propulsion generators to above main deck, as well as reduced construction cost due to simplified construction methods.

Designed to serve deepwater offshore operations, the GPA 654s are capable of carrying 144 cubic meters of bulk material and 652 cubic meters of liquid mud in self-cleaning oval tanks. As a result of the vessel's diesel-electric propulsion configuration, fuel efficiency is increased, thus resulting in cost savings, lower emissions and higher reliability.

GPA's priorities are client satisfaction and crewmember safety. In addition to the reduced construction cost and fuel efficiency, the owner benefits from the highest safety standards and comfort levels, which allows offshore operations to be conducted without risk to the health or security of crewmembers.

The GPA 654 PSV is currently the smallest of the GPA Platform Support Vessel series, which ranges in size from 58 meters to 92 meters in overall length. With 22 of GPA's PSV designs currently serving the offshore industry and an additional 105 vessels entering service within the next two years, GPA has established its position as the worldwide leader in naval architectural design of Next Generation Platform Support Vessels. In response to this significant increase and several other design and construction projects in other types of vessels, GPA is investing in additional staff and equipment in its Seattle and Shanghai offices.