Esnaad Buys Two Rolls Royce Tugs

The UK based Rolls Royce Group has sold two UT780 tugboats to the UAE's Esnaad, a unit of the Abu Dhbai National Oil Company, according to agency reports. The boats, which will be able to handle high temperatures, are being built in Indonesia and will be ready in Q1 2008. Although the value of the deal was not disclosed, the purchases are the first part in a $200m fleet replacement program. Source: AME Info.