Ulstein have a way
of promoting their own activities by starting up
shipping companies and then building ships for
them. The latest venture in this area is that of
Blue Ship Invest, for which they have
constructed six PX121s, all painted blue and
managed by Remoy and Atlantic Shipping. All six
ships have been delivered between early 2012
and late 2013.
In November 2013
the whole fleet of six ships was sold to a
company called Nordic American Offshore (NAO),
which is an offshoot of Nordic American Tankers,
a company owning 20 double hull Suezmax tankers.
NAT is quoted on the New York stock exchange.
As of the 2014
review the company has ordered four newbuildings
from Vard which are apparently due for delivery
some time in 2015.
Updated 7th October