UT 745 MPSV

August 23, 2004

Kleven gets OSV order

Norway's Kleven Maritime has signed a contract to build an offshore vessel for Island Offshore in Ulsteinvik. The ship is to be built at Kleven Verft in Ulsteinvik and will be delivered in April 2005. The contract is valued at NOK 200 million (about US$30 million).

The ship is a UT 745E MPSV (Multi Purpose Service Vessel) developed by Rolls-Royce Marine, Ship Technology, in close collaboration with the shipowner. It has large cargo tank capacity and is specially designed to provide supply services to platforms. In addition, the vessel is arranged for underwater operations, stand-by service, oil recovery and firefighting and has extra large accommodation for a total of 50 persons.

Rolls-Royce Marine has optimized the ships hullform and given the vessel an advanced diesel-electric propulsion system with Rolls-Royce's Azipull in order to obtain the best possible fuel economy.

With this contract Island Offshore will have 4 vessels that are to be operated on their own account. One ship is in operation and 3 are under construction; all at Norwegian shipyards.

Many of the 120 workers at Kleven Werft have been laid off for some time and most will soon be called back to work.

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