Good News from Tue, 10 November, 2009:

Wärtsilä wins major ship design contract for 12 vessels

Wärtsilä The 12 Offshore Supply Vessels for ONGC will be designed by Wärtsilä and built by Pipavav. The 12 Offshore Supply Vessels for ONGC will be designed by Wärtsilä and built by Pipavav.

Wärtsilä has signed a ship design contract with Pipavav Shipyard of India. The contract calls for a total of 12 Offshore Supply Vessels (OSVs) to be designed by Wärtsilä and built by Pipavav, for delivery to ONGC - Oil and Natural Gas Corporation Ltd, which is the largest oil and gas producer in India.

The yard is scheduled to begin production of the first seven vessels in the first quarter of 2010. The value of the contract was not published.

- The design criteria for these vessels were stringent, and meet the latest demands of fire fighting and dynamic positioning capabilities for search and rescue standby support, comments Ove H. Wilhelmsen, Managing Director of Wärtsilä Ship Design in Singapore.

The 59 metre vessels are designed to achieve a speed exceeding 12,5 knots, and will provide back-up for search, rescue and standby support. They will also transport cargo between ONGC's supply base and its offshore installations.

www.wartsila.com