Cableship Contract for STX OSV

STX OSV Holdings Limited wins contract for design and construction of a cable laying vessel for an international client.

The vessel will be of STX OSV’s own CLV 01 design with delivery scheduled from STX OSV in Norway in 3Q 2014.

The hull of the vessel will be delivered from STX OSV Tulcea in Romania for fitting out in the Norwegian shipyard.

The contract price exceeds NOK 450 million.

STX OSV Holdings, headquartered in Norway, is together with its subsidiaries, one of the major global designers and shipbuilders of offshore and specialized vessels used in the offshore oil and gas exploration and production and oil services industries.