Vroon Offshore Services renew and extend Asian Fleet with ten new vessels

June 18^th 2008

We are pleased to announce that Vroon Offshore Services (VOS) will renew and extend its Asian Fleet with ten new vessels, delivering over the period 2008 - 2011. The first of the new vessels is a medium-size platform-supply vessel (PSV), currently under construction in Malaysia and with expected delivery in August 2008. In addition, a series of three Anchor Handling Tug Supply (AHTS) vessels, of 59 metres with 60 ton Bollard Pull, will be built by Fujian South East Shipyard (China), with expected delivery in the second and third quarters of 2009. Another six AHTS vessels, with an upgraded specification, will be delivered by the same Yard in the last quarter of 2010 and first quarter of 2011. VOS already operates two Fujian-built AHTS vessels, Dea Zeus and Dea Hercules, that were delivered in 2006/2007. All new vessels will fly the Singapore flag.

VOS has operated in Asia since the start of the year, when it acquired Nomis Shipping Ltd with a fleet of 13 vessels. The office in Singapore is currently operating as Nomis Shipping International Pte Ltd but will, from August onwards, operate under the Vroon Offshore Services banner.

Mark Grosse, General Manager and Director of Vroon Offshore Services’ Asian operations, said: “This latest order is a clear demonstration of commitment to the offshore oil industry in our region. Also in Asia we notice increasing demand by our clients for modern and versatile vessels; with this investment programme we will both expand our service capabilities as well as renew our fleet. We are very happy to bring in the new vessels over a period of time so we can recruit, train and familiarise crew for the new vessels.”

VOS currently operates about 100 vessels from bases in Aberdeen, Scotland; Den Helder, The Netherlands; Genoa, Italy, and Singapore and has a total of 28 newbuilding vessels on order.

Its fleet includes conventional and multi-role ERRVs, platform-supply, anchor-handling, subsea-support and utility vessels, operating principally in the North Sea, the Mediterranean and South East Asia.