Singapore’s Vallianz Holdings has acquired two new 3,000 dwt PSVs as part of its fleet diversification and modernisation strategy.

The two Ulstein-designed offshore vessels will be delivered within the next six to 12 months as part of Vallianz’s planned expansion programme of 24 vessels. An additional 10 similar PSVs will be added to the Vallianz fleet subsequently, the company announced.

Financial details of the vessel acquisition deal were not disclosed.

“The Ulstein P128 vessels combine low fuel consumption and high carrying capacity. The vessels are diesel-powered, equipped with dynamic positioning and include automation systems for machinery and cargo handling that will contribute to safe and efficient vessel operations,” said Darren Yeo, ceo of Vallianz.

“Vallianz is currently bidding for up to $1.2bn in projects across Asia, Middle East and Latin America. With the addition of these Ulstein PSVs, Vallianz will be in a position to potentially capitalise on new opportunities in new regions such as Europe, Gulf of Mexico and Africa,” Yeo added.