Olympic Subsea ASA - Experts & Thought Leaders

Ulstein is proud to announce the successful delivery of the Construction Service Operation Vessel (CSOV) Olympic Notos to the Olympics. 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." Olympic Notos The Olympic Notos is designed to meet the highest safety, efficiency, and environmental sustainability standards. Equipped with the latest technology, she is poised to support a wide range of offshore operations, ensuring optimal performance and reliability. "At the Olympics, we are fully committed to meeting the climate goals set out in the Paris Agreement, and the Olympic Notos is a vital step in that direction," says Stig Remøy, CEO of Olympic. Sustainability and operational efficiency "This vessel showcases our dedication to reducing emissions and promoting sustainability through cutting-edge technology and innovative design." "By investing in such advancements, we’re not only enhancing operational efficiency but also making a meaningful contribution to a cleaner, greener future for the offshore industry." Quality and innovation Representatives from both companies attended the delivery ceremony, held at Ulstein’s shipyard “We are excited to deliver the Olympic Notos to Olympic,” says Gunvor Ulstein, CEO of Ulstein. “This vessel represents our commitment to quality and innovation in the maritime industry. We are confident that she will serve Olympic well." Representatives from both companies attended the delivery ceremony, held at Ulstein’s shipyard, Ulstein Verft. The event celebrated the collaborative efforts and dedication that brought this project to fruition. 3 goals Reducing emissions, maximising operability, and increasing comfort When Olympic turned to Ulstein for the development of two CSOVs, their goal was threefold: They wanted to set a new maritime standard by reducing the vessels' total emissions, maximising the operability, and increasing the comfort of their crew and clients. The first vessel, Olympic Boreas, was delivered in July 2024, two years after the signing of the shipbuilding contract. "The process with Ulstein started with considering various options and the effect of different setups before deciding on the final power setup," explains Glenn Erik Valø, Chief Commercial Officer, Olympic. Regenerate energy "When it comes to the carbon footprint of these vessels, we looked at the placement of the propellers, the use of batteries and permanent magnet technology, and variable speed generators. We even regenerate energy from the gangway system and heat exchange systems." Ulstein Power & Control, in collaboration with other Ulstein companies, developed an advanced hybrid power and control system. Equipped with sophisticated control algorithms, it ensures energy production within the sweet spot of efficiency. X-CONNECT automation platform Each component and control strategy was meticulously chosen, tested, and integrated into a seamless solution Each component and control strategy was meticulously chosen, tested, and integrated into a seamless solution managed by the robust X-CONNECT automation platform. “We focused on minimising fuel consumption and environmental impact. From design to integration, we remained committed to optimal power and energy utilisation. The resulting efficiency and consumption figures have surpassed our expectations, delivering outstanding performance levels,” says Senior Engineer – System Architect Geir Haddal at Ulstein Power & Control. 4-wheel-drive-system "When we sat down and started working with Ulstein, we were quite fascinated by the TWIN X-STERN concept and how it allows for an optimum placement of thrusters fore and aft," states Valø. "By utilising this '4-wheel-drive-system', we gain increased efficiency and operability at sea." The TWIN X-STERN concept explained "The way the vessel is designed, including the hull shape and the placement of the propellers, allows for very good seakeeping and station-keeping capabilities. This, together with the gangway system and 3D crane from leading suppliers, we believe we have pushed the boundary for operability, all within safe and efficient offshore operations." "Comfort levels are key to fully rested crews and clients, enabling them to be ready for their missions. By creating large open public spaces and smaller facilities for people to enjoy their time off, we believe we have created the perfect environment away from home." Documented: Close to a 50% fuel reduction Glenn Erik Valø is very pleased with the operational results, "These are the world's most fuel-efficient CSOVs." "We have now seen these vessels in operation and can prove close to a 50% reduction in fuel consumption compared to other sailing CSOVs. Olympic and the maritime cluster once again prove that we can turn brilliant ideas into industry-leading vessels." Top-tier accommodations The crew is eagerly anticipating taking the Olympic Notos out to sea. Kim Kopperstad, the vessel's master, states, "It has been a privilege to collaborate with Ulstein and their suppliers in creating this exceptional vessel." "The Olympic Notos combines cutting-edge technology with top-tier accommodations, making it highly functional and a pleasure to work on. I'm looking forward to many successful missions aboard her."

The state-of-the-art 'Olympic Boreas' CSOV has been delivered to Olympic by Ulstein Verft on 25.07.2024. The vessel is the first of two sister vessels, based on the ULSTEIN SX222 design by Ulstein Design & Solutions AS. 'Olympic Boreas' CSOV Olympic Boreas has been designed with the TWIN X-STERN solution and comes with a unique hybrid power integration. Further, she has a large gangway system installed, high-capacity, delicately furnished accommodation, including offices, lounges, day rooms, game rooms, and an exercise room to make the vessel a home away from home. The vessel is a nominee for the Ship of the Year Award.  Operations within offshore energy The CEO of Olympic Group, Stig Remøy, emphasises the importance of good cooperation The CEO of Olympic Group, Stig Remøy, emphasises the importance of good cooperation. Stig Remøy said, "We are proud to welcome Olympic Boreas, an innovative and pioneering vessel. This ship is a product of the excellent cooperation between Ulstein and Olympic and the strength of the maritime cluster in our region. It will play an essential role in our future operations within offshore energy. We look forward to using this high-quality vessel to promote sustainable, efficient, and safe operations in the industry." "In partnership with Olympic, we have developed and built an exceptional ship," says CEO Gunvor Ulstein, Ulstein Group, adding "We have collaborated with Olympic on numerous past projects and are gratified that they once again selected Ulstein for this innovative newbuild. I am proud to announce the delivery of this high-quality, next-generation offshore energy vessel that is set to benefit the shipowner for many years ahead." TWIN X-STERN Ulstein's hull solutions have been developed for harsh sea states, with excellent seakeeping characteristics, to secure safe and comfortable journeys for the crew and passengers. The TWIN X-STERN solution includes four main thrusters: two aft and two in the foreship.  With this innovative setup, the vessel is exceptionally swift and can perform walk-to-work operations in an efficient manner. This has a significant impact on fuel consumption in dynamic positioning operations. Hybrid power solution The vessel is prepared for methanol fuel, paving the way for zero-emission operations Ulstein Power & Control’s hybrid power solution incorporates a substantial battery system and diesel generators that operate at variable speeds. This design ensures optimal fuel utilisation. The vessel is prepared for methanol fuel, paving the way for zero-emission operations. There is also reserved space for extra battery capacity, allowing full-electric operations once the necessary infrastructure becomes available. The focus is on energy efficiency, resulting in maximised energy-efficient operations, manoeuvrability, and functionality. Naming ceremony The Olympic Boreas will be named in a ceremony on 27 July, and the joint team at Olympic and Ulstein wishes her fair winds and following seas! More information The ULSTEIN SX222 vessels have a length of 89.6 m and a beam of 19.2 m. They can accommodate 126 people in 91 cabins, all of which have daylight. Further reading: Vessel characteristics. Olympic and Ulstein, together with other partners, are cooperating in a project to develop a life-cycle assessment (LCA) of new vessels, focusing on the Olympic Boreas and her sister vessel. The implementation of life cycle analysis in shipbuilding and in the operation of the vessel is crucial for assessing the environmental impact of maritime technologies and identifying alternative low-carbon and zero-carbon fuels that can contribute to reducing greenhouse gas emissions from ships in a holistic manner.

Olympic Subsea is proud to announce their partnership with Ulstein and Rambøll to carry out the “LCAS - Life Cycle Assessment in Shipbuilding” project. This initiative focuses on developing a maritime-oriented method to evaluate the environmental impact of new vessels throughout their entire life cycle.  In this work, Olympic Subsea is specifically looking at the two new offshore wind service vessels developed by Ulstein Design & Solutions AS, both of which are under construction at Ulstein Verft for the Olympics. Energy-efficient ship operations Olympic’s trademark has long been to be an early adopter of innovative technology that enables safe and energy-efficient ship operations within blue energy. In this collaboration, with players in maritime technology, we aim to take a further step towards sustainable practices. By using Life Cycle Assessment (LCA), Olympic will gain insight into and thus the opportunity to reduce vessels’ total environmental impact, from construction, through operation and maintenance, to recycling/recovery. This is in line with its ambition to reduce total environmental and climate footprint. Life cycle analysis There is awareness that shipbuilding, maintenance, and end-of-life can contribute to a ship’s environmental impact The maritime sector is one of the most difficult to decarbonise, and the implementation of life cycle analysis in shipbuilding is crucial for assessing the environmental impact of maritime technologies and identifying alternative low-carbon and zero-carbon fuels that can contribute to reducing greenhouse gas emissions from ships in a holistic manner. While the focus so far has been on direct emissions in the operational phase of a ship, there is increasing awareness that shipbuilding, maintenance, and end-of-life can also contribute significantly to a ship’s total environmental impact. Holistic design approach Ulstein has a holistic approach in the design process that contributes to this, together, Olympic Subsea has considered more efficient ship operations, reduced energy consumption, use of greener energy sources, and smarter use of energy on board during the development of the design solutions. Rambøll, a partner in green transition for the professional service industry, will contribute expertise in LCA and value chain mapping in the project to contribute to decarbonisation and efficient resource use throughout the value chain. Accurate information This project not only strengthens the ability to provide customers with accurate information about vessels’ environmental footprint, but also sets the standard for future ships in the fleet, and in Ulstein's ship designs.  Olympic Subsea looks forward to sharing results and progress with users as the project progresses.