The energy andshipping services company said that the PSV, launched at Balenciaga shipyard innorthern Spain, would go on a long-term contract with the North Sea explorer inSeptember.

Its sister newbuildGrampian Sovereign, also on a long-term deal with Talisman Sinopec, entersservice this week.

The IMT-982 designed vessels are 83 metres long with an 18-metre beam anddiesel electric propulsion systems.

Craig Groupsaid that it had committed project finances of $75.87