Six ship design contracts for Ulstein in Brazil

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Ulstein Design has signed six ship design contracts with Brazilian ship owners CBO and DSND Consub totalling over NOK 400 million, as the company taps into a lucrative and growing market area.

The contracts are for the delivery of design, engineering, main equipment and building follow-up, and cover three different types of vessels. “These contracts are of great importance for the Ulstein Group. There is major investment activity on the Brazilian continental shelf and wide-reaching plans for the area. It is imperative to position ourselves in this market,” said Tore Ulstein, Deputy CEO.

DSND Consub has ordered two oil spill recovery vessels (OSRV) of the ULSTEIN P801 model with a conventional bow, while CBO ordered two larger and two smaller platform supply vessels (ULSTEIN PX105 and ULSTEIN PX106 types, respectively) with the ULSTEIN X-BOW.

“DSND Consub is a new customer for us, and we are happy that CBO has chosen Ulstein Design again for its fleet. The contracts are extensive and involve many of our employees. To illustrate, the contracts call for 35 engineering employees alone,” Mr Ulstein added.

Having been in Brazil since 2005 through the electro systems and service company Ulstein Belga Marine, Ulstein Group recently opened a sales office there as part of its strategy to is strengthen its international profile by establishing several sales and representative offices world-wide.

“There was stiff competition for these contracts, and to have employees on site is a crucial support in the sales work. Mutual efforts from ship owners, yards, main equipment suppliers and Ulstein Group employees contributed to this result”, said Ulstein Design Sales Manager, Lars Ståle Skoge.

“All of the ships are on eight-year contracts, with options for extension, for the Brazilian state oil company Petrobras. The DSND Consub ships are being developed specifically for these assignments. The four CBO vessels will be the first with the ULSTEIN X-BOW to be constructed and permanently stationed in Brazil, which is also exciting,” Mr Skoge added.

Both ship owners will be utilising Brazilian shipyards, with CBO’s four ships to be constructed at the Alianca yard, and DSND Consub’s two vessels at the ETP yard