Pacific Radiance exercises options for two new PSVs

In September 2013, Pacific Radiance Group announced the order for two platform supply vessels of the ULSTEIN PX121 design for construction at Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. The contract included options for two more vessels, and the options are now declared.

“The contract with ULSTEIN comprises design and an extensive package of equipment, and we are grateful for these new orders,” says Ove Dimmen at Ulstein Design and Solutions, continuing: “It’s exciting to see that Shanghai Waigaoqiao has succeeded in introducing these efficient and flexible PSVs to the market.”

In addition to PSV duties, the vessels for Pacific Radiance Group are also prepared with increased accommodation and provisions for crane and ROV installation, which give the vessels the opportunity to trade in the IMR market.

The two vessels are scheduled for delivery in Q4 2015.

The PX121 design has drawn much interest worldwide since the first vessel of this type started work in 2012. The design quickly gained popularity as charterers and ship-owners discovered that the vessel meets the typical PSV requirements with a fuel efficient and competitive combination of loading capacity, speed and discharge capability.

“Summary of feedback from the vessels in operation is improved regularity, low fuel consumption and a pleasing work place, which is a credit to ULSTEIN X-BOW®’s hull characteristics as well as the proven machinery and outfitting solutions,” states Ove Dimmen.

 

Press Release, March 18, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply