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21 MARCH 2017 AL CIRCLE

Safe Boats signs contract for co-production of aluminium vessels

EDITED BY : HEENA IQBAL 1MINS READ

Safe Boats International, the U.S. based company, announced that the company has signed a contract with Colombian shipyard Cotecmar for the co-production of aluminium vessels. The aluminium vessels will be used by the Colombian military and regional end-users.

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Jorge Carreño, CEO of Cotecmar, said: 'Our naval solutions to the world involve high technology and maximum security, which guarantee a significant performance in the missions assigned to the ships we manufacture.”

“We are confident that this relationship with Safe Boats allows us to continue to provide lasting and successful naval solutions.”

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This aluminium vessels contract broadens the earlier signed Memorandum of Understanding with Cotecmar turns into a multi-year. The contract includes co-production of SAFE models that already in use such as the Defender, Apostle and Full Cabin Jet Boats and recently introduced Multi-Mission Interceptor.

Dennis Morris, CEO of Safe Boats International, said: “The decision to further enhance our relationship with Cotecmar is evidence of our commitment to the Colombian Navy.”


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EDITED BY : HEENA IQBAL 1MINS READ

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