Sverre Farstad & Co has taken over the ‘Blue King’ from Ulstein

The ULSTEIN® POWER Variable Speed Generator (VSG) has been designed to optimise power generation on marine vessels by dynamically adjusting its speed to match load requirements. Together with technical measures and overall ship design, the operational results on the CSOV Olympic Boreas show a record-low 2.7-tonne fuel consumption per 24 hours during a week of DP operations. 

Taking bold commercial risks on novel vessel concepts with a strong focus on sustainability has made Olympic a pioneering player in the offshore energy sector. Its latest investment in a pair of new-build Construction Service Operation Vessels (CSOVs) based on Ulstein Group’s innovative TWIN X-STERN® solution has paid off, with close to 50% reductions in fuel consumption and emissions to boost environmental performance.

13 November 2024: Ulstein is proud to announce the successful delivery of the Construction Service Operation Vessel (CSOV) Olympic Notos to Olympic. This state-of-the-art vessel marks a significant milestone in maritime innovation and excellence. “As a result of the findings from her sister ship, Olympic Boreas, the shipping company states that the vessels "operate with close to a 50% reduction in fuel consumption compared to other sailing CSOVs."