Ulstein Design Honored

Monday, December 03, 2007
Editor-in-chief Amund Djuve in Dagens Næringsliv handing the Gazelle Award to Ulstein Design´s managing director Rolf Inge Roth. Photo: Jens Sølvberg.

Dagens Næringsliv announced that Ulstein Design had won its annual Gazelle award at a gala event in Oslo’s SAS Plaza Hotel on Thursday, 29th November. Ulstein Design’s managing director, Rolf Inge Roth, and three of his colleagues were on hand to accept the prize from Dagens Næringsliv’s editor-in-chief Amund Djuve.

Gazelles refer to small- and medium-sized businesses that experience tremendous growth and thereby act as engines for national economies. For five years, Dagens Næringsliv has awarded a national gazelle award to the most outstanding example that year. After joining the exclusive company of over 3,600 gazelles in Norway this year, Ulstein Design beat out the best of the best for the national award.

Receiving the award at a special event attended by hundreds of business leaders in Oslo Thursday, Roth tied the company’s success to the commitment of its owners and the knowledge of its employees. “For years, we have been pouring investment and effort into our ideas, and now we are seeing the results. I am proud on behalf of our employees and our owners,” he said.

According to Dun & Bradstreet, Ulstein Design managed to increase its result by a factor of 22 between 2003 and 2006 without suffering negative growth during any of those four years. The company’s staff has increased from a core of four-five naval architects in 2002 to over 30 in 2007.

Ulstein Design’s tremendous growth comes in the midst of a building boom in the world-wide offshore industry. The company’s revolutionary ULSTEIN X-bow design, featuring a backward-leaning bow that offers vessels better seagoing characteristics, has won a string of awards, international renown and orders from international offshore supply companies. Both Roth and his engineers, however, are quick to give the company’s expertise at assembling competitive equipment packages an equal share of credit for the company’s success.

“The market has grown rapidly, but the key to our growth has been our commitment to our design philosophy and our ideas. As a result, we have a very successful product to sell in this strong market,” said Roth.

After accepting the award, Roth emphasized that the company would maintain its focus on ongoing projects and developing valuable products for shipowners and operators. With design contracts at yards all over the world and plans to develop new designs for other ship segments, Ulstein Design and Roth look set to keep up their record pace.

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

British Queen to Name New Ship

Queen Elizabeth II will christen P&O Cruises’ new flagship Britannia in Southampton, England, on March 10. She will be accompanied by her husband, Prince Philip, the Duke of Edinburgh.

Zamakona Yards' Commitment to Well-being

Recently employees of Zamakona Yards participated in a training course for maintaining Health, Safety and Environment (HSE). The theoretical practice focused on working at heights,

GasLog Post 4Q 2014 Results

GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,

Marine Electronics

ST Engineering Y-O-Y Profits Slip

Singapore Technologies Engineering Ltd  reported today its full year financial results ended 31 December 2014 (FY2014) with a Group revenue of $6.54b compared to $6.

Electronics Retrofit for Taiwanese Research Vessel

L-3 SAM Electronics has been awarded a contract to retrofit propulsion control and automation systems aboard the Taiwanese Navy’s Ta Kuan hydrographic and oceanographic research vessel.

Futuristic Bridge Concept by Rolls-Royce

In 2013 alone, Rolls-Royce invested £1.1 billion on research and development while at the same time supporting a global network of 31 University Technology Centers,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1418 sec (7 req/sec)