The Olympic Zeus, launched in 2009, introduced a hybrid power system, reducing fuel consumption by up to 70%. After reaching its 15th anniversary in 2024, it continues to set new fuel efficiency and environmental performance standards.

9 October 2024: The second Construction Service Operation Vessel (CSOV) for Olympic, Olympic Notos, has successfully completed its sea trial. This marks a significant milestone in the vessel’s journey towards fully operational status, following in the footsteps of her sister vessel, the Olympic Boreas.

With over a century of history, Ulstein Group prides itself on its dedicated ship designers who are integral to the company. United by a mission of innovation, they strive to challenge conventional wisdom and develop new solutions that enhance customer value.

The newly delivered Construction Service Operation Vessel (CSOV) Olympic Boreas has been awarded the “Maritime Innovation of the Year” award by GCE Blue Maritime Cluster. Delivered in July, this state-of-the-art vessel was developed in collaboration with the shipowner Olympic and several of the companies in Ulstein Group.

Nexans' next state-of-the-art cable installation, the 'Nexans Electra' is another step closer to realisation. The grand block ceremony was celebrated on 10 September 2024 at CRIST, Poland. The vessel will be finalised at Ulstein Verft, Norway.

"Do you need to adjust your vessel for a new charter? Maybe add a mezzanine deck, calculate the deck strength or stability characteristics for a new crane? We are here to assist you," states project manager aftermarket, Roy Lindset, at Ulstein Design & Solutions AS.

In 2023, Ulstein Group recorded revenues of NOK 1.4 billion and an operating profit of NOK 49 million. The knowledge and experience Ulstein have gained through more than a hundred-year history have created a dynamic and flexible organisation that we now benefit from in the transition to a greener and gradually more fossil-free future.

10 June 2024: Yard number 318 from Ulstein Verft completed her sea trial this weekend. The state-of-the-art CSOV vessel includes sophisticated energy systems and the ULSTEIN TWIN X-STERN solution in a prototype combo. 

On 4 April 2024, the keel laying ceremony took place for the DP3 cable laying vessel (CLV) Nexans Electra. This vessel will transport and lay various types of subsea cables, including cable bundles, as well as handle recovery and repair operations for Nexans Marine Operations AS in Norway.

The subsea vessel Island Constructor, build 279 from Ulstein Verft, will return to the yard in January 2024 for a service assignment.