Island Offshore buys newbuild construction vessel from Ulstein

Island Offshore, in which Edison Chouest is a partner, has purchased a newbuild SX 121 type construction vessel from shipbuilder Ulstein Verft . The vessel, the Karianne, was completed on time in the fourth quarter of 2010. It was originally contracted by the shipping company Marine Subsea, which, says Ulstein, “could not to take delivery of her after completion.”

CEO Gunvor Ulstein says she is very pleased that this advanced construction vessel will be in the hands of an experienced and established shipping company.

“More and more oil installations are now seabed facilities, and we’re seeing an increasing demand for subsea and construction vessels. We are confident that Island Offshore will benefit from this vessel’s performance,” she said.

The 25-meter wide and 120-meter long vessel can accommodate 100 persons. The vessel is fitted with a tower for module handling, moonpool, ROV hangar, offshore crane, helipad, and a diesel-electric propulsion system.

May 20, 2011