STX Finland Oy and Ministry of Fisheries and Marine Resources of the Republic of Namibia have, on 11.2.2011, signed a contract for the construction of a fisheries research vessel. The ship, with a contract value of approximately EUR 35 million, will bring some 250 man-years of labour to STX Finland’s Rauma shipyard, with delivery scheduled for spring 2012. This versatile specialized vessel will be approximately 62 metres long and will provide accommodation for 45 crew members and research personnel. The research vessel is specifically designed for the purposes of Namibian fisheries research. The vessel meets the latest standards set for this type of vessels requiring, in particular, special care in the design of laboratory equipment, propulsion and power generation system.