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    Bourbon delivers vote of confidence in Ulstein P105

    Vessel & ROV News // November 26, 2004
    Bourbon Offshore Norway AS has, through Bourbon Ships AS, exercised an option to build an Ulstein P105 supply vessel at Ulstein Verft AS.

    "This is more than just the exercising of an option for us. It is a vote of confidence in everyone who works for the Ulstein Group," said Ulstein Group's CEO, Gunvor Ulstein.

    Earlier this year Ulstein Verft signed a contract with Bourbon Offshore Norway for the delivery of an Ulstein P105 in February 2005.

    At that time Bourbon Offshore Norway's managing director, Jostein Sætrenes, said he had great expectations of Ulstein's design. "The Ulstein Group now has an opportunity to promote its design within Groupe Bourbon. We believe this will help us to land good projects," said Sætrenes.

    "Bourbon Offshore Norway was a new customer for us when we signed the first contract. We are therefore extra pleased that Bourbon is coming back to build yet another vessel at Ulstein Verft. The fact that a new, local, internationally owned shipowner wants to use our designs in a global market leads us to believe that we are gaining broad confidence in the market," said Tore Ulstein, president of both Ulstein Verft and Ulstein Design.Steel cutting for this latest order will start at the end of November.

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