The Singapore-basedoffshore vessel operator said the two Ulstein P128 vessels will be deliveredwithin the next 6 to 12 months.

Vallianz failed toprovide any further information on the deal such as vessel prices and theidentity of the sellers.

Ina separate transaction Vallianz said it planned to acquired an additional tenPX128 vessels, but again no firm details were provided.

However, it did say the 10 PX128 vessels will bejointly developed with Ulstein Asia with strong involvement from Vallianz.

“TheUlstein