Noryards to Build Eco-Friendly Vessel for BOA
Wednesday 11 March 2015
Noryards AS has announced the signing of a new shipbuilding contract with the Norwegian ship-owner and operator BOA for an eco-friendly Inspection Maintenance and Repair (IMR) Vessel.
Total contract value is in the range of NOK 700 mill. In addition to a firm contract on delivery of a IMR vessel, the contracts include two options.
Noryards provides engineering, construction and outfitting of the highly advanced IMR vessel. The design is developed in close cooperation between Noryards and BOA Offshore. The end result is a vessel that meets both BOA's operational demands and the industry's highest safety and environmental standards.
The new-building will be one of the most energy-efficient vessel of its class, utilizing a number of features that contribute to optimal operational performance, low emissions and reduced fuel consumption.
Noryards secured the contract based on the yard group's capabilities and recent record of accomplishment in the highly specialized segment of advanced and eco-friendly offshore vessels.
"An IMR Vessel has to handle a wide range of operations under challenging conditions. We have set demanding requirements for this vessel's performance and capabilities with a clear focus on quality, cost-efficiency, operational precision and safety. The outcome is a vessel that not only meets the highest operational and safety standards, but we also have achieved to find solutions in co-operation with Noryards with a design that we expect will contribute to a greener and more sustainable shipping. By assigning Noryards we are confident that this complex project is in good hands," says Helge Kvalvik, CEO of Boa Offshore.
In addition to state-of-the-art fuel-efficiency, the vessel will have an impressive free deck space and a high crewing / operator capacity relative to it's size. Optimal comfort for crew and operators will be ensured, including modern facilities for execution of effective IMR operations. The vessel's overall length will be 108 m with a beam of 24m.
Third consecutive Boa-contract for Noryards
Today's deal is the third consecutive Boa-contract for Noryards, following Boa Bison launched at Noryards Fosen last year and Boa Jarl, currently under construction at the yard in Rissa.
"Building long-term relations with key customers is important for Noryards, and I am very pleased with the strong co-operation we have developed with key staff and management of BOA. The contract signed today confirms a long standing and strong relations between BOA and Noryards, and this order reinforces our position as a leading provider of technologically advanced and eco-friendly offshore vessels," says Ivar Hanson, CEO of Noryards.
"In a time where good new shipbuilding projects are few and far between it was of vital importance for Noryards Fosen to win this order. This order is of high importance for employees, subcontractors and for the general business community in the Fosen area'' states Anders Straumsheim, head of Noryards Fosen in Rissa.
Delivery is scheduled for Q1 2017. Hull construction will be subcontracted to one of Noryards' recognized partners in Turkey, Tersan shipyard, and the hull is scheduled to arrive at Noryards Fosen for outfitting mid 2016.