Steel Cutting Ceremony for Otto Offshore Newbuild

by Joseph R. Fonseca
Thursday, February 12, 2015

On Friday 6 February 2015, Wuchang Shipbuilding Industry Co., Ltd., China, held a steel cutting ceremony for the first of four platform supply vessels of ULSTEIN’s PX121 design being built for Otto Offshore Limited.

The shipbuilding contracts at Wuchang were announced in August 2014. Ulstein Design & Solutions is contracted on the delivery of ship design & equipment to four PX121 type platform supply vessels.

The contract includes the deliveries of design, engineering and main equipment. An extensive delivery from Ulstein Power & Control includes integrated control systems, bridge (radio, navigation), switchboard, diesel electric propulsion and frequency converters, and communication systems.

Ship owner is the Singapore based Otto Offshore Ltd., a company in Otto Marine Ltd., who will receive all vessels in 2016. The contract also includes an option for four more vessels.
 

Categories: People & Company News Legal Shipbuilding Offshore Energy Marine Materials Marine Equipment People Mergers & Acquisitions Offshore Energy

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