August 26 - Shanghai Zhenhua Heavy Industries (ZPMC) subsidiary ZPMC Offshore Services has formed a joint venture with OffshoreTech LLC (OTL) to pursue offshore transport and installation projects.
The joint venture - ZPMC-OTL Marine Contractor (ZOMC) - will provide the oil and gas market with access to vessels and engineering for the execution of a broad range of complex offshore projects.
The alliance will combine ZPMC's fleet of 23 transportation vessels, five sheer leg cranes (ranging in lifting capacity from 1,600 to 5,000 tonnes), 18 tugs, 22 barges, three jack-up barges and the 12,000-tonne capacity floating crane Zhen Hua 30, with OTL's expertise in offshore transportation and installation engineering design.
ZPMC's heavy transport vessel Zhen Hua 13, carrying a shipment of container cranes destined for the Port of Houston.
