Ulstein Delivers 'Island Venture', Its Largest Construction Vessel to Date

Island Venture. Photo: Ulstein

Norwegian shipbuilding group Ulstein has announced the delivery of its largest offshore construction vessel (OCV) to date, the Island Venture.

The OCV was delivered this past Tuesday from Ulstein Verft. The vessel has a length 160 meters and a beam of 30 meters.

The Island Venture is designed for operations such as IMR, ROV services, well intervention, and drilling. It was originally designed to measure 147.5 meter long with a beam of 28 meters, but was upgraded to 160 x 30 meters after a decision to increase the deck area and the tank capacity. It comes equipped with 140 ton crane with 3,000 meters wire installed, as well as a 400 ton crane that can operate at up to 4,000 meters. The vessel also has three moon pools – two for ROVs and one construction moon pool of 12 x 11.2 meters, and can accommodate up to 200 people. Design for the vessel was provided by Ulstein Design & Solutions AS.

Ship Photos: Island Venture

If the pain scheme looks familiar to you that’s because the vessel is owned by Island Ventures 5 LLC, a joint venture between Island Offshore (Norway) and Edison Chouest Offshore (USA), the latter of which will managed vessel..

The Island Venture was one of two OCVs ordered by the joint venture in November 2013. The second vessel was to built at Edison Chouest’s LaShip shipyard in Louisiana.

When ordered the Island Venture was originally due for delivery in June 2014.