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Solstad Orders Construction Vessel

Posted on August 26, 2005

Norwegian owner Solstad has ordered a large construction vessel from Ulstein Verft AS for about US$99 million. The 130 metre long vessel is due to be delivered in May 2007. The vessel is going to be used for offshore construction work and will, among other things, be equipped with a moonpool, a 250 metric ton heave compensated crane, and class 3 dynamic positioning (DP3). It will have diesel electric propulsion. The hull will be built at Maritim-Shipyard in Poland, while the superstructure will be built at the Ulstein Verft Vanylven department.

Solstad Shipping has a fleet of 40 vessels: 9 are platform supply vessels, and 31 anchor handling vessels or offshore construction vessels.

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