Kongsberg handling system chosen for newbuild vessels in China and Korea

7/21/2014

Kongsberg handling system chosen for newbuild vessels in China and Korea

KONGSBERG, Norway -- Kongsberg Maritime's 'Full Picture' solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of 330 MNOK ($53.33 million).

Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC), Cosco Shipyard (COSCO) and Hudong Zhonghua Shipyard (HDZ) in China, Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI) in Korea are the shipbuilders that have selected KONGSBERG's 'Full Picture' technology deliveries. The new contracts build on a strong 2013 performance in China and Korea where KONGSBERG was chosen for several advanced vessel newbuildings.

Kongsberg Maritime will provide sophisticated integrated Dynamic Positioning (DP), Automation, Navigation and Hydroacoustic positioning. Riser management solutions will be supplied by sister company Kongsberg Oil & Gas Technologies. The delivery is for four advanced Offshore Drilling Units, two advanced Accommodation Units, six LNG vessels and one LNG FSRU with Integrated Automation System.

One of the contracts with DSIC is for an advanced Semi-Submersible Drilling Rig of Agility Group A5000 design, for the major Chinese Drilling Contractor, China Oilfield Services. This contract is an important project for KONGSBERG, strengthening the company's position in the growing Chinese Drilling market.

"These new contracts for 2014 build on an excellent 2013 performance in China and Korea, where KONGSBERG was chosen for numerous advanced vessel newbuildings by major yards and owners. We truly appreciate the confidence shown by both the shipyards and the vessel owners when selecting KONGSBERG as a partner for key technology on these prestigious projects," comments Morten Stanger, Regional Manager Offshore Asia, Kongsberg Maritime.

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