Norwegian Companies Join Forces to Construct Methanol-Powered Vessel

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February 19, 2024, by Adnan Memija

Norway’s Eidesvik Offshore joins forces with its compatriot Agalas to build a construction support vessel (CSV) to perform subsea and offshore wind operations. Equipped with methanol engines and a battery hybrid system, the vessel will be “the world’s most environmentally friendly vessel within its operating segments”, said the partners.

The vessel is set to be built at the Sefine Shipyard in Turkey with delivery in early 2026. Upon delivery, the ship will enter into a three to five-year time charter with Reach Subsea. Full management of the vessel, including crewing, will be provided by Eidesvik.

The CSV will feature a battery hybrid system alongside dual-fuel gensets capable of operating on either methanol or MGO. The newbuild will be equipped to perform inspection, maintenance, and repair (IMR) work.

Together with designer NSK Ship Design, Agalas has developed a vessel that measures 99.9 metres in overall length with a breadth of 21 metres and can accommodate 100 people.

Equipped with a 150-metric tonne heave-compensated crane and a deck area of approximately 900 square metres, the CSV is well-suited for conducting IMR and construction work.

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“The versatile vessel is designed to meet the demands of both the oil & gas sector and the offshore wind industry. This flexibility increases our capabilities and competitiveness in the future energy mix,” said Gitte Gard Talmo, CEO & President of Eidesvik Offshore.

The vessel will be owned by an entity named Eidesvik Agalas AS, with Eidesvik retaining a majority stake of 50.1 per cent. The remaining shares will be owned by Northern Norway shipowners Agalas.

In addition, Eidesvik Agalas AS has been granted options for four additional vessels.