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36Maritime Reporter & Engineering News FEATURE THE SHIPYARD EDITION rydocks World, an estab- lished player in the mar- itime and offshore industries, announced thedelivery of Anchor Handling Offshore Support Vessel Crest Olympus. The ves- sel was built at the company?s shipbuild- ing yard in Nanindah, Indonesia forSingapore-based Pacific Crest Pte Ltd at a contract value of $20.4 million, exclud- ing owner-furnished equipment. Crest Olympus has dimensions includ-ing length 76m, beam 18.5m and draft6.8m. The 150TBP vessel has DP2 capa- bility and is of fire fighting class 1. The vessel is equipped with deck machinery from Rolls Royce Marine, main engine 9M32 from CAT, Kawasaki side thruster, and Berg propulsion. It is designed by Wartsila Ship Design and classified by ABS. The owners are part of Pacific Ra- diance Group: a Singapore-based com- pany providing integrated marine solutions for oil & gas, mining, subsea engineering contracts and related servicessupport industries. Drydocks World has also announced the successful launch ofSelf Elevating Platform L210 from its rig building facility in Graha, Indonesia. The platform is being built at a contract value of $24.6 million. The MSC SEA-3250 type platform is 75.9 meters long, 40 me-ters wide and 6 meters deep. The vessel is classed by ABS with Maltese Cross A1 Self Elevating Unit notation. She is being built for Self Elevating Platforms N.V., a repeat customer of Drydocks World. Major construction milestones have been achieved and the remaining ones include the installation of four 87.7-meter tubu- lar legs and a 1000-ton crane. Earlier this year, Drydocks World an- nounced a contract with Mumbai-basedconstruction group Afcons Infrastructure to provide detail engineering, procure- ment, construction and delivery of a Self Elevating Platform AF SEP Samrat. The 45-meter-long, flat bottom pontoon barge, which will be built at the Dubai fa- cility, can be jacked up with four spuds and a jacking system with an elevated weight of approximately 2,928 tons. The vessel will be equipped with a main crane and other equipment including six moor- ing winches, three gensets, jacking sys-tems, power packs, pumps and other miscellaneous equipment.Drydocks World's flagship facility in Dubai is the largest ship repair, conver- sion and newbuilding facility between Europe and the Far East. Diverse marine activities are focused in 4 shipyards, lo- cated in Singapore, Graha, Nanindah and Pertama. Collectively, these encompass 29 building berths, 8 floating docks, and a specialized rig-building yard. A. ThorpeDrydocks World At a glanceDrydocks World P.O.Box 8988 - Dubai ? UAE Tel: +971-4-3450626 Fax: +971-4-3450116 Web: www.drydocks.gov.ae Khamis Juma Buamim, Chairman of the board DThe Crest Olympus ? delivered from the Nanindah shipyard of Drydocks World ?Drydocks World has emerged successfully as a global player ... despite the financial downturn by streamlining its organization and processes.? Khamis Juma Buamim, Chairman of the Board lstein Verft of Norway em- ploys the new X-Bow con- cept, which has beenincluded in the design of anumber of OSVs built at the yard. The sister ships Rem Hrist and Rem Mist,the design of which has included the X-Bow, were both recently delivered. Ac- cording to Statoil?s definition, this is a large PSV (approx. 1,000 m2 cargo deck), and a ship that is packed with equipment. The ship is very compact with 136,000 meters of cable and 14-15,000 meters ofpiping installed on board. The cargo sys- tem includes multi-cargo tanks for liquids and solid materials, and the tank systemgenerates extra pipes and valves. Both Rem Hrist and Rem Mist will work on eight-year contracts for Statoil in theNorth Sea. Ulstein has made several strategic in- vestments within the design and solutions area in recent years, and the area also de-livered solid profit results for 2010. Since the beginning in 1999, close to 70 de- signs have been sold, and over 40 of these have featured the X-BOW hull line de- sign. The company offers design and equipment solutions within offshore sup- ply, as well as within heavy offshore and short sea shipping.Last year, Ulstein invested NOK 136 million (about $25.3 million) in research,development and innovation. Gunvor Ul- stein underlines the company?s continued commitment to being a driving force within innovation. At the end of 2010, Ulstein Group hadan order reserve of NOK 2.3 billion (about $427.6 million). The following are Ulstein Group?s pre- liminary key figures for 2010: Operating income: NOK 2.38 billion (over $442.4 million) (2009: NOK 3.59 billion (nearly $667.4 million))Operating profit: NOK 354 million (over $65.8 million) (2009: NOK 520.9 million (over $96.8 million)) Operating result before tax: NOK 367.87 million (almost $68.4 million)(2009: NOK 518.01 million (over $96.3 million))At a glanceUlstein Group NO-6067 Ulsteinvik, Norway Tel. +47 7000 8000 Contact: Gunvor UlsteinWeb: www.ulsteingroup.com UThe Rem Mist ? built by Ulstein for Rem Offshore Ulstein Shipyard MR Aug. 11 # 5 (34-41):MR Template 8/5/2011 9:24 AM Page 36