Press Release - July 25, 2024

The Olympic Boreas features a TWIN X-STERN design and a unique hybrid power integration solution. It includes a helideck and gangway, providing accommodation for 126 people in cabins with natural light. The interior design encompasses comprises? offices, lounges, dayrooms, two gaming rooms, and a gym, making the ship a “home away from home.” The vessel has been nominated for the “Ship of the Year” award. 

Stig Remøy, CEO of Olympic, expressed pride in receiving the Olympic Boreas, emphasizing its innovation and future-oriented features. The vessel represents the strong partnership between Ulstein and Olympic and will play a crucial role in offshore energy operations. Remøy looks forward to using this high-quality vessel to promote sustainable, efficient, and safe industry operations.

Environmental Focus: 
The Olympic Boreas draws on Olympic’s extensive experience in the Walk 2 Work market, with a strong emphasis on environmentally friendly operations and safety. The vessel’s low energy consumption aligns with the Paris Agreement’s requirements, and is prepared for carbon-neutral operations using methanol or zero-emission full-electric propulsion, or a combination of both.

High Interest: 
Olympic has received significant interest from new and existing customers for the Olympic Boreas. The vessel will be put into operation after offshore testing is completed.

A Result of the Maritime Cluster: 
The ship is a testament to the innovation within the Norwegian maritime cluster. Designed and built by the Ulstein Group, it incorporates major contributions from companies such as Kongsberg, Motus, Acel, Mare Safety, and Corvus.

See Video: The Olympic Boreas TWIN X-STERN CSOV

Photo: Ulstein

Press release 28.06.24
We are proud to announce our 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 our new vessels throughout their entire life cycle. In this work, we are 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 Olympic.

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 leading players in maritime technology, we aim to take a further step towards sustainable practices. By using Life Cycle Assessment (LCA), we will gain insight into and thus the opportunity to reduce our vessels’ total environmental impact, from construction, through operation and maintenance, to recycling/recovery. This is in line with our ambition to reduce our total environmental and climate footprint.

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.

Ulstein has a holistic approach in the design process that contributes to this, together, we have 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.

This project not only strengthens our ability to provide our customers with accurate information about our vessels’ environmental footprint, but also sets the standard for future ships in our fleet, and in Ulstein's ship designs. We look forward to sharing our results and progress with you as the project progresses.