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You are here: Home    Media centre    Stock exchange news    2006
AKER YARDS TO BUILD PSV FOR ISLAND OFFSHORE
17.8.2005

Aker Yards has signed a contract with Island Offshore Shipholding LP, a company within the Island Offshore Group in Ulsteinvik, Norway, to deliver a UT 776 E platform supply vessel. The value of the contract is NOK 232 million. The contract also includes an optional agreement for a similar vessel.

Lars Stärk, Managing Director of Aker Brevik is very pleased with this new contract:
"We have won an important PSV contract. This proves that we are competitive in a market that continues to develop positively", says Stärk.
 
This is the fifteenth contract between the shipowner, Island Offshore Group in Ulsteinvik and Aker Yards. The hull for the PSV will be built in Romania. Delivery of the vessel is scheduled for December 2006.
 
Fast facts:
Vessel type:            UT 776 E, Platform Supply Vessel
Contract value:         NOK 232 million
Outfitting Yard:        Aker Brevik
Delivery time:           December 2006
Length and width:     93,00 meters long,
                               20,00 meters wide (breadth moulded)
Deadweight:            5.000 tons
  Design:                  Rolls Royce Marine
 
For further information, please contact:
 
Håvard Ulstein,
Managing Director, Island Offshore Management AS                                   
+47 70 00 97 55
 
Tore Langballe,
SVP Corporate Communications, Aker Yards ASA
+47 24 13 01 30
 
Lars Stärk,
Managing Director Aker Brevik                                                              
+47 91 85 05 60
 
 
                                                
Aker Yards ASA is an international shipbuilding group focusing on sophisticated vessels. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels and ferries, merchant vessels, offshore and specialized vessels. Aker Yards, with a turnover of NOK 12.5 bn. in 2004, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil,  and has approximately 13.000 employees. www.akeryards.com

 
   
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