Ulstein to build two vessels for Island Ventures


Offshore Vessel

Ulstein Verft will build two OCV vessels for US-based Edison Chouest Offshore and Island Offshore in Norway, which have ordered for their purchase through Island Ventures II.

Ulstein will build one vessel at Ulstein Verft, Norway, and another in the US.

The new offshore construction vessel of the Ulstein SX165 design is said to be the largest vessel built at the yard so far, and is expected for delivery during the third quarter of 2015.

Ulstein Group CEO Gunvor Ulstein said the company will develop the next generation of offshore vessels together with Edison Chouest Offshore and Island Offshore.

"We have worked very well together on other innovative projects, and look forward to delivering a high-quality product that will serve the ship owners well for years to come," Ulstein added.

Island Ventures II has also ordered design and engineering packages for construction of an Ulstein SX165 design vessel at Edison's own yard in the US.

The agreement also includes options and the new vessel will be the first Ulstein-designed vessel to be constructed in the US.

The existing fleet of Island Offshore includes four vessels from Ulstein.

At Ulstein Verft a construction vessel for Island Ventures II is currently under construction and is set for delivery in June 2014.

The vessel, with an SX165 design, is 28m wide and 145.7m long with a capacity to accommodate 200 people and is equipped with two cranes, which can lift 400t and 140t, respectively.

The vessel has a large moon pool measuring 11.2 by 12m and also consists of two smaller moon pools, with ROVs installed in a hangar.

With a total of three separate engine rooms, the vessel provides operational reliability, has four lifeboats - two on each side - and is equipped with an SCR catalyst system for NOx emission reduction.


Image: Island Ventures orders two large offshore construction vessels from ULSTEIN. Photo courtesy of Ulstein Group.

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