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    STX OSV to build UT 717 CD PSVs for Island Offshore

    Vessel & ROV News // November 3, 2011

    STX OSV Holdings Limited has secured new contracts for the construction of four PSVs for Island Offshore.

    The combined value of all four contracts exceeds NKr 1 billion. The first two contracts are expected to become effective in November 2011, and the remaining two in January 2012. All four contracts are subject to financing approval.

    The vessels will be of Rolls Royce’s UT 717 CD design. The overall length of each vessel will be 84.3m with a beam of 17m and a deadweight of approximately 3,800 dwt.

    Deliveries are scheduled from STX OSV Brevik in Norway in the third and fourth quarter 2013 respectively for the first two vessels, and in the first quarter 2014 for the other two vessels. The hulls of the vessels will be delivered from STX OSV Braila in Romania.


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