Norway: Kleven Maritime Lands Subsea Vessel Contract

Kleven Maritime Lands Subsea Vessel Contract

Eidesvik has entered into a contract with Kleven Maritime for building of a large subsea vessel with delivery Q2 2014. The contract has a value of above 1 billion NOK (approx USD 165 Mln) and is the largest single investment in the company’s history. The vessel has a length of 145 m and a beam of 31 m. It is equipped with 2 offshore cranes on 400 MT and 100 MT respectively. Deadweight is 13500 MT. Furthermore the vessel is prepared for operation in artic waters.

The vessel has a length of 145 m and a beam of 31 m. It is equipped with 2 offshore cranes on 400 MT and 100 MT respectively. Deadweight is 13500 MT. Furthermore the vessel is prepared for operation in artic waters.

The vessel is developed by Eidesvik in close cooperation with SALT Ship Design and Kleven Maritime with make SALT 301 OCV. Throughout the design period there has been a high focus on environmental friendly solutions and the vessel is well prepared to meet any future environmental requirements, also in vulnerable areas.

We have a firm belief in the market for this type of vessel, and we are very confident that this is a correct strategic step for the company”, says Jan Fredrik Meling, Chief Executive Officer, Eidesvik Offshore ASA., “This enhances our position as a leading operator of subsea vessels.”

It is expected that this investment will strengthen the company’s profitability substantially. It will create 50 new job opportunities and will increase the activity considerably for Eidesvik.

Eidesvik has option for building of a sister vessel for delivery early 2015.

(1 Norwegian krone = 0.164899 U.S. dollars)

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Shipbuilding Tribune Staff, June 5, 2012; Image: Eidesvik