Aker Yards has signed a contract with Island Offshore VIII KS, a company within the Island Offshore Group
in Ulsteinvik, Norway, to deliver a UT 755 LN platform supply vessel. The value of the contract is approximately NOK 150 million.
This is the 18th contract between the shipowner, Island Offshore in Ulsteinvik and Aker Yards. The hull for the platform supply vessel will
be built in Romania and the vessel will be outfitted in Brevik. Delivery is scheduled for primo November 2007.