Ship Management Contracts for BSI Newbuilds

Norway-based Golden Energy Offshore has entered into management contracts for two platform supply vessels (PSVs) under construction at Ulstein Verft for Blue Ship Invest (BSI).

The PX121 designed vessels are due for delivery in the first quarter of 2015. According to the designer, a total of 30 vessels of the ULSTEIN PX121 design have been ordered by various ship owners for construction at shipyards around the world.

“Golden Energy Offshore is a fully integrated ship owning company located in Ålesund, Norway with all management functions in-house and we look forward to working with Blue Ship Invest in providing full management for these vessels for the benefit and success of both parties,” said Per Ivar Fagervoll, CEO in Golden Energy Offshore. “We are both proud and humble by this award which we believe recognizes our commitment to delivering safe, strong and reliable operational excellence through our teams both offshore and onshore. With a history dating back 85 years, the award of this contract is yet another milestone to the company.”