Ultra Deep explores cost of building new hybrid vessel

Singapore-based Ultra Deep Solutions, an owner of diving support and construction vessels (DSCVs), is looking into the cost of building a hybrid deepwater flexible pipelay vessel. 

The vessel provider said last week it had gone into exploring the cost of building 5000 ton “Heavy Lift” DP3 Deep water 3800 msw pipe lay/ flex lay vessel with a capability for “J” Lay and “S” Lay.

The vessel will be built for an end client who is also looking for a “Hybrid” ship, Ultra Deep further explained.

Ultra Deep CEO, Sheldon Hutton, commented: “For UDS this is an interesting project to get involved in. We are constantly looking at new ways of technology to advance ship building forward. Technology will be now our main focus as we go into a new segment. We are honored to work closely with our partners to move this project forward.

“Our goals remain the same build quality vessels at competitive prices for our clients. The future is very bright as long as you are creative enough in an industry that has lagged behind technology for many years.”

Ultra Deep has three other vessels under construction, the Van Gogh, the Andy Warhol, and the Matisse, with delivery dates set for 2Q 2018, 3Q 2018, and 1Q 2019.

The company’s newbuild DSCV Picasso completed sea trials in January and was scheduled to arrive in Singapore on February 7 ahead of mobilization to the Gulf of Mexico-South America for a four-year contract. The company’s other active DSCV is the Lichtenstein, which was last December awarded a three-year contract, also for work in the Gulf of Mexico.

Additionally, back in January 2018, Ultra Deep decided to exercise an option with China Merchants Heavy Industry for a new dive support construction vessel, which would be a sister vessel of the Deep Matisse. The new vessel will be named Kandinsky.

Offshore Energy Today Staff