Methanol power for Eidesvik Offshores new CSV

The new vessel will be owned by an entity called Eidsvik Agalas AS, with Eidesvik retaining a majority stake of 50.1%. The remaining shares will be owned by Agalas. In addition, Eidesvik Agalas has been granted options for four additional vessels.

“This new asset aligns perfectly with our strategy, which is founded on sustainable shipping solutions and long-term partnerships with our clients,” said Gitte Gard Talmo, CEO and president of Eidesvik Offshore.

”The versatile vessel is designed to meet the demands of both the oil and gas sector and the offshore wind industry. This flexibility increases our capabilities and competitiveness in the future energy mix.”

Emission focus

Together with designer NSK Ship Design, Agalas has developed a highly flexible vessel with state-of-the-art design, comfort and capabilities.

The vessel will measure 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 spacious deck area of approximately 900 square metres, making it well equipped to perform inspection, maintenance and repair (IMR) work.

Eidesvik’s newest addition to the fleet will feature a battery hybrid system alongside dual fuel gensets capable of operating on either methanol or MGO.

The vessel is set to be built at the Sefine Shipyard in Turkey with delivery in early 2026. Upon delivery it 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.

Eidesvik and Agalas said that the timing for the vessel is excellent, as demand for vessels in the subsea market is about to outpace supply. The companies further expect significant growth in offshore wind this decade.

“Teaming up with Eidesvik on this opportunity allows us to combine the strengths of two Norwegian shipowners and create a world-leading vessel that integrates functionality, green technology and highly skilled personnel,” said Mats Nygaard Johnsen, CEO of Agalas.