Servogear wins offshore contracts

Norway’s Servogear AS is set for a busy future after securing six new contracts for a range of offshore vessels for a total value of around NOK 55m (US$7.4m).

Servogear will supply its Ecoflow Propulsor for 10 vessels worldwide

Under the contracts, the company will supply the Controllable Pitch Propeller system, Servogear Ecoflow Propulsor, for 10 vessels worldwide. The vessels all have different purposes, and will operate within windfarm service, offshore and offshore patrol.

“Although the maritime industry is experiencing an uncertain period, Servogear AS has gone against the stream and secured several solid contracts for the future,” said Torleif Stokke, managing director.

“We are in a situation where we have covered the order book for 2015, and we have a good inflow of contracts to fill the order book for 2016. This is a result of strong references and a long-term strategy, where we have been working towards the offshore- and windfarm market,” he added.

The equipment is for three 60m multi-purpose vessels for Singapore, two 26m combined catamarans for Norway, two 26m windfarm vessels for Vietnam, a 54m offshore patrol vessel for Bangladesh, an 18m windfarm vessel for the Netherlands and a 49m yacht for the USA.

As part of these recent contracts, Servogear has option for 10 additional windfarm vessels.

By Rachael Doyle