IMO ENVIRONMENTAL REGULATIONS
Are IMO regulations tough enough to keep national governments from imposing stricter measures?

Yes--Mostly
Only partly
No--expect a slew of regional regs!

Marine Log

VIK SANDVIK 4004

June 26, 2007

Davie to build accommodation vessels

Davie Quebec, Inc. has secured a new contract from the Cyprus based company Ocean Hotels Ltd. for the construction of two multipurpose accommodation vessels valued at $225 million. The yard's Norwegian parent, Davie ASA, says the new contract will allow the shipyard to employ numerous additional workers. Construction is expected to begin in 2008, with delivery of the first vessel in Q3 2009.

The two vessels, of Vik Sandvik 4004 design, will be used to provide accommodation, construction support and other services to the offshore industry.

Measuring 100 m by 30 m, each vessel has space for 400 passengers and over 30 crew members, a 150 tons crane and generates 4,000 kW of power.

With these two additional contracts, Davie Quebec now has firm orders for five vessels on the books worth a total of over $635 million, and this only eight months after the shipyard was acquired by Norwegian investors.

"We are delighted with this latest turn of events," says Davie Quebec president Gils Gagne. "It's excellent news for the workers, the region, and the marine industry in Quebec and Canada."

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