Ulstein Sells All Six Blue Ship PSVs

MarineLink.com
Friday, November 01, 2013
Photo: Ulstein

Newly-established offshore shipping company Nordic American Offshore (NAO) has agreed to acquire six platform supply vessels from Blue Ship Invest ( BSI ). The vessels are of the PX121 type, and were designed and constructed by Ulstein in 2012-13. NAO has its source from the international tanker company Nordic American Tankers (NAT).

Gunvor Ulstein, CEO, Ulstein Group, said, “We invested in these ships because we wanted to introduce new products with flexible and first-class innovative solutions to the market. All the ships have been regularly in work since delivery and feedback has been very good. We strongly believe that NAO will be satisfied with these vessels.”

Chairman of the Board and CEO of NAT is Herbjørn Hansson, who has been in the maritime industry since the 1970s. He said, “We believe there will be an increase in the demand for offshore supply services, and that these vessels will have the properties that we need for our fleet.”

Ulstein said its decision to focus on these ship types resulted from careful market analysis. In the North Sea these platform supply vessels (PSVs) are considered medium-sized, and they have an optimum combination of fuel efficiency and deadweight. They have a capacity and performance that approaches those of larger PSVs. They can take on most of the tasks usually handled by slightly larger PSVs, but at a lower operating cost. 

Because of their X-BOW hull line, the vessels are efficient at various draughts, an important asset for PSVs which transport varying amounts of load, the designer said. In addition, the X-BOW has unique advantages in terms of soft movements and propulsion efficiency in heavy seas. The combination of their hull design and propulsion system makes these vessels particularly well suited to the harsh conditions of both the North Sea and the North Atlantic.

The BSI ships built by Ulstein are the first vessels of the PX121 design. Currently, several shipping companies have seen the potential of these ship types and a total of six other vessels of the PX121 design have been contracted for construction at various shipyards internationally.

The deal with NAO is conditional on funding being achieved as planned.

ulstein.com

  • Photo: Ulstein

    Photo: Ulstein

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

Shipbuilding

Zvezda Shipyard Comes Up Despite Western Sanctions

German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik.

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,

Ferus Smit to Launch Newbuild Bulker

Ferus Smit will launch newbuild bulk carrier Arklow Breeze on Friday, March 20 at Westerbroek.   Arklow Breeze is the sixth and last vessel of a series to be

Ship Sales

Zvezda Shipyard Comes Up Despite Western Sanctions

German and Finnish partners continue to build Russia’s Far Eastern “Zvezda” shipyard for Arctic oil exploration ships, in spite of Western sanctions, reports Sputnik.

“Jag Arjun” Delivered to Buyers

The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1996-built Capesize Dry Bulk Carrier “Jag Arjun” (164,796 dwt) to the buyers on 26th February, 2015.

Europe Should Resume Shipbuilding

In the EU journal Parliament, Portuguese Member of European Parliament João Ferreira has proposed a five-point plan to stimulate growth in the EU shipbuilding industry.

News

USCG Free Boat from Ice Near Woods Hole

A Coast Guard crew responded to a fishing vessel trapped in ice in Woods Hole Passage, Woods Hole, Massachusetts, Saturday. At about 3 p.m., the crew of the fishing boat Capt.

Tug Boat Owner Jailed After Crew Man Dies

A tug boat owner was today was given an 8 month custodial sentence after his crew member died trying to reattach a tow line in a violent storm. During today’s hearing at Southampton Crown Court,

COMPIT to Showcase Smarter Ships, Systems & Solutions

The 14th International Conference on Computer and IT Applications in the Maritime Industries (COMPIT) will take place from 11th to 13th May 2015 in Ulrichshusen, Germany.

Vessels

USCG Free Boat from Ice Near Woods Hole

A Coast Guard crew responded to a fishing vessel trapped in ice in Woods Hole Passage, Woods Hole, Massachusetts, Saturday. At about 3 p.m., the crew of the fishing boat Capt.

Tug Boat Owner Jailed After Crew Man Dies

A tug boat owner was today was given an 8 month custodial sentence after his crew member died trying to reattach a tow line in a violent storm. During today’s hearing at Southampton Crown Court,

Long Beach Harbor Tour Season

Long Beach Port is once again giving tourists opportunity to enjoy a rare view of port operations on a free Port of Long Beach harbor tour. The organizers are

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Ship Electronics Ship Repair 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: 0.6558 sec (2 req/sec)