Norway: Bergen’s Fosen Lands Major Outfitting/Commissioning Contract

Bergen's Fosen Lands Major Outfitting/Commissioning Contract

Bergen Group Fosen has signed a contract with NFDS Offshore 1 AS for outfitting and commissioning of a new and modern anchor handling tug supply vessels (AHTS). The contract is valued at more than NOK 600 million (approx $ 104.2 mln) and ensures NFDS Offshore 1 AS a fully commissioned and operational ship by the end of the 1st quarter of 2014.

All the necessary funding and board approvals for the project are clarified. The contract also includes an option for outfitting and commissioning of a similar vessel.

The modern anchor handling offshore vessel, a VS 491 CD AHTS design, has a length of 91 meters and a beam of 22 meters. The hull, which is already constructed at Nantong Mingde Heavy Industries in China, is expected to arrive Fosen in late Q2 this year. The contract will generate outfitting work at Bergen Group Fosen from summer 2013 to the end of Q1 2014. Bergen Group Fosen now has an order book that provides a stable outfitting activity until Q2 2015, with two newbuilding deliveries in 2013 (both cruise ferries to Fjord Line) two deliveries in 2014 (OCV for Volstad and AHTS to NFDS/BOA) and a delivery in the first half of 2015 (OCV for Volstad).

Bergen Group Fosen has the last year been through a very demanding period. Still, the shipyard has managed to establish a record high order book that ensures a solid and continuous employment over the next two years. This allows us to implement an efficient, stable and profitable production in the coming years“, says CEO Anders Straumsheim at Bergen Group Fosen.

Bergen Group Fosen has previously delivered two advanced offshore 3D EM- vessel to BOA Offshore; BOA Thalassa in 2008 and BOA Galatea in 2009.

Press Release, March 14, 2013