Otto Marine orders four PSVs at Wuchang yard

Otto Marine is expected to receive the 4,000 dwt newbuildings in 2016. The PX121 PSVs are based on designs from Ulstein Design & Solutions.

“The PX121 vessels boast a performance you would normally expect from a larger PSV. Being able to do this at a medium-sized PSV cost, with reduced emissions and fuel consumption, the ship owner gets a favourable combination of two market areas,” said Sigurd Viseth, managing director in Ulstein Design & Solutions.

The vessels will be prepared for offshore crane and mezzanine deck for ROV.

Meanwhile, Otto Marine has also announced a charter contract win worth AUD57m ($53m) with two oil majors for two of its AHTS vessels.