• 2013 July 11 11:28

  Volstad Shipping AS orders subsea IMR and construction vessel from Turkish shipyard

  

  Volstad Shipping AS has signed a contract with Tersan Shipyard in Turkey regarding building of a Subsea IMR and Construction Vessel. The contract was signed July 4th 2013 and is subject to satisfactory financing, the company said Wednesday.
  
  Total project cost is estimated at approximately NOK 800 million.
  
  The project ST-259 ship specifications: length - 128.5m, beam - 25m. Estimated delivery time is the fourth quarter 2015.
  
  Fearnley Offshore Supply AS has facilitated the new build contract between the two parties and has also participated in the development of the design. Fearnley will also handle the chartering of the ship.
  
  Volstad Shipping AS was established in 2003 after a demerger and operates world wide. Volstad Shipping´s offshore activities have been PSV and subsea IMR (Inspection, Maintenance and Repair). The company also operates one factory trawler in Norwegian waters, supplying large quantities of fish into the European market.
  
  

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