STX Norway Offshore to Build LNG Powered Platform Supply Vessel for Olympic Shipping

STX Norway Offshore has entered into a new contract with Olympic Shipping for the building of an LNG powered Platform Supply Vessel. The vessel is scheduled for delivery in Q1 2012.

The new vessel is designed by STX Norway Offshore Design in Ålesund. The hull is to be built at Tulcea, Romania, and the vessel will be outfitted at Aukra.

The vessel will be built according to the latest SPS regulations, which will give excellent stability under all weather conditions and the highest levels of security for the crew. “We highly appreciate Olympic Shipping being back with us with another newbuilding project”, says Roy Reite, President of STX Norway Offshore.

“We look forward to working together with Stig Remøy and his team, and are very content with his choice of our new and innovative environmental friendly vessel.” Liquefied Natural Gas (LNG) is an environmental friendly combustion fuel with NOx and CO2 emission far below any fuel oil based engine.

STX Norway Offshore has in the past delivered six LNG powered vessels and has, including this new contract, in total five LNG powered vessels under construction.

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Source: STX Europe, September 9, 2010