The Sharjah-headquartered company, which was formed through a $450 million merger within the last year, has already lined up employment for the units, chief executive Daan Koornneef told Upstream at OTC in Houston.

(Click here to read more from Upstream at OTC 2012.)

Smit Lamnalco, which owns a fleet of around 180 units, is poised the firm up the order for the 65-tonne azimuth stern drive terminal tugs “within a month”, Koornneef said, adding that the contract would most likely go to a Chinese yard.

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