OOS International is pleased to confirm that on the 21st of November 2017 Holding OOS International II B.V. (OOS International) and Chinese offshore services company Jiangsu Fanzhou Shipping Co. LTD (Fanzhou) entered into a memorandum of understanding where both companies agreed to form a strategic alliance to expand the coverage of their vessels globally. This agreement has been signed by Mr. Jiang Juejie, General Manager of Fanzhou, and Mr. Léon Overdulve, CEO of OOS International, at the official signing ceremony which was held in Nanjing, China.

OOS International operates a fleet of heavy lift accommodation semi-submersibles, while Fanzhou offers a fleet of transport semi-submersibles, barges and marine vessels. Together, both companies intend to grow their international businesses. This collaboration enables Fanzhou to increase their exposures in Europe, Americas and Mexico through OOS International’s established strong presence and OOS International will be able to extend their presence in Asia through Fanzhou.

“We are extremely proud to partner with Fanzhou, known for their innovative portfolio of assets and experience, to bring valuable resources to the offshore field worldwide. This partnership will provide an attractive win-win business proposition for both companies as it leverages on the strengths of each company,” says Mr. Léon Overdulve.

The cooperation agreement involves the exclusivity of two vessels for OOS International, a 50,000mt semi-submersible heavy lift vessel and 20,000mt self-propelled barge (deck carrier), both currently under construction and to be delivered in 2018.

For further information about this press release, please contact the Communications Department of OOS International: Communications@oosinternational.com.