STX OSV’s OSCV 11 design

STX OSV Secures Contracts For Two Offshore Subsea Construction Vessels For Siem Offshore

STX OSV Holdings Limited is pleased to announce that it has secured new contracts for the design and construction of two Offshore Subsea Construction Vessels (“OSCV”) for Siem Offshore in Norway.

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The vessels will be of STX OSV’s OSCV 11 design. The vessels will have an overall length of 121 meters, a beam of 22 meters and will be equipped with a 250t AHC crane.

Deliveries are scheduled from STX OSV Brattvaag in Norway in 3Q and 4Q 2013.

The hulls of the vessels will be delivered from STX OSV Tulcea in Romania. STX OSV also has two Platform Supply Vessels under construction in Brazil for the same customer.