STX Norway Offshore has entered into a new contract with Olympic Shipping for the building of an LNG powered Platform Supply Vessel. The vessel is scheduled for delivery in Q1 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.
"We highly appreciate Olympic Shipping being back with us with another newbuilding project", says Roy Reite, President of STX Norway Offshore. "We look forward to working together with Stig Remøy and his team, and are very content with his choice of our new and innovative environmental friendly vessel."
Liquefied Natural Gas (LNG) is an environmental friendly combustion fuel with NOx and CO2 emission far below any fuel oil based engine. STX Norway Offshore has in the past delivered six LNG powered vessels and has, including this new contract, in total five LNG powered vessels under construction.
| Length overall|
| Approx. 95 m|
Approx. 20 m
Approx. 5.000 t
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STX Europe is an international shipbuilding group which aims to be the leading builder of cruise and offshore vessels. The group has a strong position in terms of developing state-of-the-art concepts, technology, processes and products for customers around the world. STX Europe comprises 15 shipyards in Finland, France, Norway, Romania, Brazil and Vietnam. STX Europe has approx. 16 000 employees. Formerly known as Aker Yards, the group changed its name to STX Europe in November 2008.
STX Europe's principal shareholder, the international industrial group STX, has approximately 40 000 employees and aims to be a global top player in its core areas; shipping and trade, shipbuilding and machineries, plant and construction, and energy.
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)