Pacific Radiance exercises PSV options

DECEMBER 19, 2013 — Singapore headquartered Pacific Radiance Ltd. has exercised its options to add two further Ulstein PX 121 design platforms supply vessels to the two that it ordered in September

GC Rieber Shipping orders subsea construction vessel

JUNE 1, 2012—Norway’s Ulstein has signed a NOK 800 million ($131.8 million) contract for the delivery of a high capacity subsea construction vessel based on its SX121 design to GC Rieber Shipping,