Swire Pacific Offshore declares option for 4 V-class AHTS vessels
June 2007

Swire Pacific Offshore (“SPO”) is pleased to announce the Company has declared an option contract for Labroy Shipyard to build four (4) additional 8,810 bhp 120 bollard pull Anchor Handling Tug Supply vessels (AHTS).

The original six (6) IMT966 design SPO V-class vessels were ordered in 2005, the first of which, the Pacific Valhalla, will be delivered in August 2007. She will be joined by sister vessels Pacific Valkyrie, Pacific Vanguard, Pacific Victory, Pacific Viper, Pacific Vixen, and in 2009-10, the four (4) additional vessels, Pacific Valour, Pacific Vigilance, Pacific Vigour, and Pacific Vulcan.