The eight ships range in size from 153 to75 tonnes of bollard-pull.

Signet will retain all crews and willupgrade the power systems on the vessels.

No price was disclosed, but Signet said WellsFargo Equipment Finance is providing a $209m syndicated financing facility.

The deal expands its fleet to 38 vesselsoperating worldwide, with special emphasis on the Gulf of Mexico.

“The combination of Harvey and Signetfollows a thorough due diligence process and is fully consistent with ourstrategy of being a “one-stop turnkey” source for all our customers’ needs,” saidSignet president Barry Snyder.