leading ship power system integrator, has signed a ship design contract with Pipavav Shipyard of India

Wärtsilä wins major ship design contract for 12 vessels to be built in India

Wärtsilä Corporation, Trade & Technical press release, 9 November 2009
Wärtsilä, the marine industry’s leading ship power system integrator, 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.

Wärtsilä’s strong track record in producing consistently high performance and cost effective designs was clearly a key factor in the company’s design being the one chosen from a highly competitive field of global ship design companies.

“This represents a landmark order for Wärtsilä Ship Design, and is the result of many years of dedicated work by our team in Singapore. 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.

ONGC originally invited participation from ship designers and shipyards worldwide for its pre-qualifying tender. Of the six shipyards subsequently shortlisted, four of the tenders submitted were based upon Wärtsilä designs. Pipavav Shipyard, who worked closely with Wärtsilä Ship Design throughout the tendering process, was awarded the contract for all 12 vessels. Building of the vessels is to be completed within 30 months. The value of the contract was not published.

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.

Wärtsilä has a global ship design organisation with major hubs in Europe and Asia. The Wärtsilä Ship Design organisation is capable of generating a variety of new designs, from low-cost standard vessels to high-end tonnage. Wärtsilä’s long-term ambition is to create proven designs with predefined solutions and operational services, along with performance guarantees and fixed prices. This can include comprehensive services to ship owners, such as shipyard selection, drawings approval, and new building supervision. To shipyards Wärtsilä’s offering includes detailed design, and engineering support throughout the construction phase.

Caption: The 12 Offshore Supply Vessels for ONGC (Oil and Natural Gas Corporation Ltd) will be designed by Wärtsilä and built by Pipavav.

Media contact:
Ms Marit Holmlund-Sund
Senior Manager, PR and Marketing Communications
Wärtsilä Corporation
Direct tel: +358 10 709 1439
Direct fax: +358 10 709 1425
e-mail: marit.holmlund-sund@wartsila.com
Internet: www.wartsila.com

Wärtsilä in brief:
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2008, Wärtsilä’s net sales totalled EUR 4.6 billion with 19,000 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

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