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    Ulstein Group confirms details of Remoy Shipping deal

    Yard News // June 2, 2008

    Remoy Shipping's PX105s will be built locally, at Ulstein Verft.

    Ulstein Group in Norway has confirmed that Remøy Shipping has signed a contract with Ulstein Verft for the construction of two environmentally friendly ULSTEIN PX105 PSVs designed by Ulstein Design. The vessels are set for long-term contracts with StatoilHydro on completion.

    "We are pleased to welcome yet another local shipowner to the Ulstein Group for design and construction of our vessels," said Ulstein Group CEO Gunvor Ulstein.

    "The ULSTEIN PX105 has become a great success for the Ulstein Group. ULSTEIN X-BOW vessels are fuel efficient and among other advantages they can maintain high speeds in rough seas."

    The vessels will be delivered in February and May 2011.

    StatoilHydro announced earlier this year that Remøy Shipping had been awarded an eight-year contract with an option for four additional one year extensions for two PSVs with Ulstein Design equipment and design packages.

    Shipyard negotiations had not been concluded by the time Remøy and StatoilHydro agreed upon the deal, but Remøy Shipping is placing its trust in local players to have the ships ready for StatoilHydro by the contracted start date.

    “We were considering yards in India, China, Singapore and Spain when Ulstein Verft entered the picture. The choice of Ulstein was based on an overall assessment, and we have great faith that Ulstein Verft will meet the delivery time. We have long-term owners and operators with a focus on investing in the best quality,” said Remøy Shipping's CEO Per Gunnar Jarnes.

    Much of the specification of the ULSTEIN PX105s ordered by Remoy Shipping reflect StatoilHydro's requirements.

    “We wanted to work with Ulstein Design in landing this contract. ULSTEIN X-BOW ships represent something new and exciting and, together, we developed a design that met StatoilHydro’s requirements,” said Mr Jarnes.

    “The vessels are equipped with Mecmar’s exhaust system, which releases exhaust through the hull side, over the water surface. Relocating the exhaust ducts has freed up space in the accommodation area, providing a virtually 360 degree view from the wheelhouse,” said Ulstein Design's design manager Håvard Stave.

    “The ships are also equipped with the newly developed CargoMaxx tank system. This is a state-of-the-art system that can load cuttings, dry bulk, mud, brine and fuel. The system is also prepared for oil protection and oil recovery operation (ORO),” he explained.

    The ULSTEIN PX105 design for Remoy Shipping is is 88.8m long with a breadth of 19m, with a total output of 7,600eKW. The DP 2 vessels are also classified for standby rescue for 250 persons and have accommodations for a crew of 24.

    The new vessels will also be equipped to the 'Ulstein Accommodation Standard' and will have much technology and equipment from group company Ulstein Elektro, such as ULSTEIN IAS, the new IP-based ULSTEIN COM system, and ULSTEIN NAV.


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