Norway: STX OSV Secures Research Vessel Contract

STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the construction of one Research Vessel for the Norwegian Defence Logistics Organisation (“NDLO”).

The contract value is approximately NOK 1.2 billion. Delivery is scheduled from STX OSV Langsten in Norway in the fourth quarter 2014. The overall length of the Research Vessel is approx. 125 meters with a beam of 23 meters.

The Norwegian Defence Logistics Organisation delivers logistics according to military needs. This includes procurement, investment, support, supply and maintenance of all weapon systems and military materiel in times of peace, crises and war. The NDLO is also responsible for managing communication and computer systems.

1.2 billion Norwegian kroner = 205.08600 million U.S. dollars

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World Maritime News Staff, November 30, 2011; Image: STX OSV