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GlobeNewswire (Europe)
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Wärtsilä Oyj Abp: Wärtsilä wins ship design contract for new Subsea 7 diving support vessel

Wärtsilä Corporation, Press release, 19 December 2012 at 2.30 pm EET

Wärtsilä, the marine industry's leading solutions and services provider, has signed a contract for the design of a new diving support vessel (DSV) to be built for Subsea 7, the seabed-to-surface engineering, construction, and services contractor to the offshore energy industry. The brand new VS 4725 DSV design has been created by Wärtsilä Ship Design (http://www.wartsila.com/en/marine-solutions/ship-design/SD-overview) specifically for this vessel, which will be built at the Hyundai Heavy Industries (HHI) shipyard in Korea. The contract was signed with HHI in December, and the vessel is scheduled for delivery in 2015.

The vessel is intended for North Sea diving operations on a year round basis. In customizing the design of such a complex vessel, close co-operation between Subsea 7, HHI, Drass Energy, the diving equipment supplier, and Wärtsilä was essential. The result is a state-of-the-art, technologically advanced vessel design that offers high safety and good working conditions to all personnel onboard, as well as safe and efficient operations in often challenging sea and weather conditions.

The DSV is to be equipped with the latest integrated diving equipment, while a 3-split engine and propulsion configuration ensures the highest level of redundancy. Under this configuration, the systems relating to the generator sets, propulsion machinery, thrusters, electrical controls and all related auxiliary equipment, are divided into three sections. In addition to the excellent redundancy, this also ensures a high ERN (Environmental Regularity Number) score, while limiting the failure risk. In a worst case failure scenario, most of the generator sets and thrusters will remain in operation.

"The operational profile of the vessel forms the basis for every Wärtsilä ship design. By working closely with the owners and operators to reach a complete understanding of their needs, we can design vessels that are both economically and environmentally sound, but moreover, fulfils the demands and requirements of our clients. Our more than 50 years of experience provides, of course, a solid foundation for our design solutions, and working with highly professional partners, such as Subsea 7 and HHI, is always a pleasure," says Riku-Pekka Hägg, Vice President Wärtsilä Ship Design.

"The development of the Wärtsilä VS 4725 DSV, the development of the dive system by Drass, and the overall design and building by HHI is the result of good co-operation between all the parties involved. Wärtsilä Ship Design's willingness and ability to adapt to the specific requirements and standards needed were key considerations in the award of this contract," said Mr Stuart Smith, Vice President for Technology and Asset Development, Subsea 7.

 Subsea 7 - VS 4725 DSV:

·         Length:                   123m
·         Breadth:                  24m
·         Depth:                    10.5m
·         Accommodation:    110 POB 
 
Link to picture (http://hugin.info/131481/R/1666294/540770.jpg)

In addition to customized vessel designs, Wärtsilä's offering to the offshore sector includes complete power generation, vessel positioning, and environmental compliance solutions. The company also offers complete electrical and automation systems, emission control systems, oil & gas handling, pumping, inert gas systems, and water management solutions.

Read more about Wärtsilä's offshore ship design. (http://www.wartsila.com/en/marine-solutions/ship-design/SD-offshore)

For further information please contact:

Mr Erlend Sandvik
General Manager Sales, Offshore and Specials
Wärtsilä Ship Design
Tel. +47 9345 4398
erlend.sandvik@wartsila.com (mailto:erlend.sandvik@wartsila.com)

Ms Mirja-Maija Santala
Media Manager
Wärtsilä Corporation
Tel. +358 400 793 827
mirja-maija.santala@wartsila.com (mailto:mirja-maija.santala@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 2011, Wärtsilä's net sales totalled EUR 4.2 billion with approximately 18,000 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

www.wartsila.com (http://www.wartsila.com/) 


Subsea 7 design (http://hugin.info/131481/R/1666294/540770.jpg)



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Wärtsilä Oyj Abp via Thomson Reuters ONE

HUG#1666294
© 2012 GlobeNewswire (Europe)
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