Volstad Shipping AS has signed a contract with Tersan Shipyard in Turkey for the construction of a Subsea IMR and Construction Vessel. The contract is subject to satisfactory financing. The new vessel has main dimensions of 128.5m x 25m and is of ST-259 design. Estimated delivery time is Q4/2015. Total project cost is estimated at approximately NOK 800 million. Fearnley Offshore Supply AS has facilitated the new build contract between the two parties and has also participated in the development of the design. Fearnley will also handle the chartering of the ship.
Subscribe for Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week