STX OSV secures contract for Research vessel for the Norwegian Defence Logistics Organisation (FLO)

STX OSV Holdings Limited is pleased to announce that it has secured a new contract for the construction of one Research Vessel for the Norwegian Defence Logistics Organisation (“NDLO”). The contract value is approximately NOK 1.2 billion.

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STX OSV secures contract for Research vessel for the Norwegian Defence Logistics Organisation (FLO)

STX OSV Holdings Limited is pleased to announce that it has secured a new contract for the construction of one Research Vessel for the Norwegian Defence Logistics Organisation (“NDLO”). The contract value is approximately NOK 1.2 billion.

Delivery is scheduled from STX OSV Langsten in Norway in the fourth quarter 2014. The overall length of the Research Vessel is approx. 125 meters with a beam of 23 meters.

The Norwegian Defence Logistics Organisation (“NDLO”) delivers logistics according to military needs. This includes procurement, investment, support, supply and maintenance of all weapon systems and military materiel in times of peace, crises and war. The NDLO is also responsible for managing communication and computer systems.