Davie Yard ASA’s yard in Québec, Davie Québec Inc. has secured a new contract from the Cyprus based company Ocean Hotels Ltd. for the construction of two multipurpose accommodation vessels valued at US $225 million. The transaction was finalized today, and the new contract will allow the shipyard to employ numerous additional workers. Construction is expected to begin in 2008, with delivery of the first vessel in Q3 2009.

The two vessels, of Vik Sandvik 4004 design, will be used to provide accommodation, construction support and other services to the offshore industry. Measuring 100 m by 30 m, each vessel has space for 400 passengers and over 30 crew members, a 150 tons crane and generates 4,000 kW of power.
With these two additional contracts, Davie Québec now has firm orders for five vessels on the books worth a total of over US $635 million, and this only eight months after the shipyard was acquired by Norwegian investors