Management Agreement Signed for Blue Protector of PX121 Design

A new management agreement has been signed with Blue Ship Invest AS, a wholly-owned subsidiary of the Ulstein Group. Atlantic Offshore will be responsible for commercial and technical management of Blue Protector, a newbuilding of PX121 design, upon its delivery from Ulstein Verft in September 2013.

Blue Protector is the last delivery in a series of six vessels, and is the third on Management with Atlantic Offshore.

‘Blue Protector’ has a length of 83.4 metres and a beam of 18 metres, and keeps a maximum speed of approximately 16 knots. She has a load capacity of 4,200 tonnes (dwt), and the 850 square metre cargo deck can carry a deck load of 2,200 tonnes. In addition to tanks for oil, water and drilling fluids, the vessel has four stainless steel tanks for flammable liquids. ‘Blue Protector’ has modern accommodation for 23 persons, is equipped with a dynamic positioning system IMO class II and meets the requirements of DNV’s Clean Design notation.

In the North Sea, PSVs of the PX121 design are considered medium-sized. The vessels of this design have an optimal combination of fuel-efficiency and deadweight. They have the capacities and performance close to the segment for larger PSVs, but at a cost that provides excellent value-for-money.

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Source: atlantic-offshore, August 8, 2013