All Coast, the largest liftboat operator in the Gulf of Mexico, has entered into a contract with Semco to construct a new 250' leg liftboat which will be equipped with two 175-ton leg mounted cranes and will have the capacity of 50 people.
The U.S.-flagged liftboat is expected to be delivered in about 15 months and will be named the Great White.
With this newbuild, coupled with the liftboat Barracuda which is being enlarged and refurbished, the All Coast fleet will have 31 active vessels. Financing for this project was led by Whitney Bank.