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    Volstad Shipping orders IMR/construction vessel at Tersan Shipyard

    Vessel & ROV News // July 11, 2013

    Volstad Shipping has signed a contract with Tersan Shipyard in Turkey regarding construction of a subsea IMR and construction vessel. The contract was signed on 4 July 2013 and is subject to satisfactory financing being obtained.

    The new vessel has main dimensions of 128.5m x 25m and is of ST-259 design. Estimated delivery is the fourth quarter of 2015. The total project cost is estimated at approximately NKr 800 million.

    Broker Fearnley Offshore Supply facilitated the newbuild contract and participated in the development of the design. Fearnley will also handle the chartering of the ship.



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