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    STX OSV to build UT 766 CDs for Island Offshore

    Yard News // June 10, 2011

    STX OSV Holdings Limited has secured new contracts for the construction of two
    PSVs for Island Offshore. The total value of the contracts amounts to approximately NKr 750 million.

    The vessels will be of Rolls Royce’s UT 776 CD design. The overall length of each
    vessel will be 96.8m with a beam of 20.0m, and the deadweight will be
    4800 dwt.

    Deliveries are scheduled from STX OSV Brevik in Norway in the first and third
    quarters of 2013 respectively.

    The hulls of the vessels will be delivered from STX OSV Braila in Romania.

    The contract for the second vessel is subject to certain conditions being fulfilled
    before the end of the third quarter of 2011.


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