STX Europe books another order for LNG-fueled PSV"

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LNG-FUELED PSV

September 14, 2010

STX Europe books another order for LNG-fueled PSV

STX Norway Offshore has entered into a new contract with Olympic Shipping AS for the building of an LNG powered Platform Supply Vessel. The vessel is scheduled for delivery in the first quarter of 2012.

The new vessel is designed by STX Norway Offshore Design in Ålesund. The hull is to be built at Tulcea, Romania, and the vessel will be outfitted at Aukra. The vessel will be built according to the latest SPS regulations, which will give excellent stability under all weather conditions and the highest levels of security for the crew.

The vessel will have an overall length of 95 m, molded breadth of 20 m and deadweight of 5,000 t.

No price was disclosed, however STX Norway Offshore got around NOK 450 million for each of the previous three LNG -fueled PSV contracts it secured. With this order, it now has five LNG-fueled vessels under contract.


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