Stanford Marine, which is part of UAE-based Stanford Marine Group (SMG), announced recently that it had been awarded a contract by BG International Ltd, Tanzania Branch (BG Tanzania), for the recently delivered deepwater platform supply vessel (PSV) Stanford Buzzard. The time charter contract for the new ship is valued at US$36 million, and will see the environmentally friendly, dynamic positioning (DP) class 2 unit working offshore Tanzania, an area which has been subject to pirate activity in ....

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