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Swire Pacific Limited
(Incorporated in Hong Kong with limited liability)

For Immediate Release 18 September 2015

Swire Pacific Offshore (SPO) Welcomes Fourth of 10 Platform Supply Vessel
(PSV), Pacific Grackle into the Company's Newest G Class Series

Singapore, 18 September 2015 - Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) celebrated the delivery of its latest Platform Supply Vessel (PSV), Pacific Grackle on Thursday, 17 September 2015 in Japan.

The G Class series is the latest addition to SPO's fleet and is specially commissioned to meet the increasing market demand for PSV vessels. These vessels, with their 4,000-tonne deadweight, are powered by a four-engine diesel electric propulsion plant and equipped with highly efficient counter rotating azimuth thrusters ensuring excellent fuel efficiency. These FiFi 1, DP2 vessels, with their high Environmental Regularity Number (ERN) are SPS Compliant, Clean Class and built LFL* notation ready, to allow for future methanol carriage.

"We are pleased to welcome Pacific Grackle to our growing fleet of vessels. We are confident that Pacific Grackle will be a valuable asset and will join its sister vessels in providing efficient and reliable services to meet the current and future needs of our global clients," says Managing Director of SPO, Neil Glenn.

Pacific Grackle is the fourth of 10 vessels in the G Class series that SPO has commissioned Japan Marine United Corporation (JMU) to build. Its sister vessels, Pacific Goldfinch, Pacific Gosling and Pacific Gannet and were delivered in March 2015, May 2015 and September 2014 respectively. Once these 10 vessels are completed, SPO will be one of the top 10 PSV fleet owners in the world.

SPO's competitive edge over its competitors hinges on its sound reputation as a trusted service provider with more than 40 years of experience, its diverse fleet of vessels and wide range of marine services. Today, SPO owns and operates a diverse fleet of 92 vessels comprising 19 classes of vessels including PSVs, Anchor Handling Tug Supply (AHTS) vessels, Accommodation Barges, Ice Breaking Supply vessels, Windfarm Installation vessels, Seismic Survey vessels, among others.

For pictures of Pacific Grackle, please visit http://www.swire.com.sg/Media/Gallerypage/Vessel-Pacific-Grackle.aspx. Photographs courtesy of Japan Marine United Corporation (JMU). To download the press release in PDF format, please click here.

About Swire Pacific Offshore (SPO)

Swire Pacific Offshore Operations (Pte) Ltd is a marine services conglomerate and a leading service provider to the offshore oil and gas industry with a network that spans the globe. Operating for 40 years, SPO has become a trusted name in the oil and gas industry. SPO has operated in Singapore since 1975 and moved its headquarters there in 1992. SPO is a fully owned subsidiary of Swire Pacific Limited. In line with its vision, "Excellence in Marine Services", strong emphasis is placed on health and safety, the environment and sustainable development. SPO and its subsidiaries operate vessels in every major oil exploration region outside of USA and have offices in Angola, Australia, Azerbaijan, Brazil, Brunei, Cameroon, Canada, Denmark, Equatorial Guinea, Ghana, India, Indonesia, Kenya, Malaysia, Newfoundland, New Zealand, Norway, Qatar, The Philippines, Russia, Scotland and the United Arab Emirates. For more details, visit http://www.swire.com.sg

About Japan Marine United Corporation (JMU)

The Japan Marine United Corporation (JMU) was formed through the merger of Universal Shipbuilding Corporation and IHI Marine United Inc. both leading companies in the shipbuilding industry in Japan in January 2013. By synergising the strengths of both companies in terms of design, development and technological capabilities in shipbuilding, JMU aims to establish itself as a world-class shipbuilding company that is anchored with a strong Japanese shipbuilding alliance. The company constantly seeks to strengthen their competitiveness and further implement their growth strategy in the four key business fields namely, Naval Ship, Ship Life Cycle and Merchant Ship & Offshore Work. For more details, visit http://www.jmuc.co.jp/en/


Source: Swire Pacific Limited
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