Exciting Milestone: Keel Laying Ceremony for REM Pioneer

Exciting Milestone: Keel Laying Ceremony for REM Pioneer

On October 24th, 2024, we celebrated the keel laying ceremony for the REM Pioneer at Song Cam, Vietnam—a remarkable achievement in our journey of building this pioneering vessel! After the initial steel cutting on 3rd July, we’re thrilled to already see substantial progress 24th October with large blocks now assembled on the slipway. This is quite an achievement!

This milestone reflects the strength of the collaboration between Song Cam Shipyard, SBIC, Myklebust, and our ship design team. The REM representatives were warmly welcomed and given a full tour, gaining insights into the impressive facilities and the exceptional craftsmanship on display. The attention to quality and commitment to industry standards left a strong impression on our team.

With deep appreciation for our partners, REM Offshore looks forward to continued cooperation and progress on this exciting project.

The  Energy Subsea Construction Vessel (ESCV) “Rem Pioneer” will be delivered in 2026 and will be the first of its kind that can perform heavy construction work in both offshore wind and subsea with net zero emissions. The newbuild is ground-breaking and uses a number of solutions where energy consumption is almost halved compared to comparable tonnage in today’s market, as well as meeting future requirements for zero emissions from end to end. The vessel will be equipped with dual-fuel methanol engines in combination with battery packs. All offshore lifting equipment, including the 250 T crane, is electric and regenerates power to the batteries. The working deck is over 1,400 m2, and it is also prepared for the installation of an offshore gangway for use in offshore wind. “Rem Pioneer” accommodates 120 persons.

Rem Offshore and VARD sign contract for CSOV

Rem Offshore and VARD sign contract for CSOV

Rem Offshore is pleased to announce that we have signed a contract for the design and construction of a state-of-the-art CSOV (Commissioning Service Operation Vessel) with VARD. This is the third CSOV VARD delivers to REM Offshore. The first two, REM Power and REM Wind, were delivered in 2023 and 2024 respectively.

The CSOV is tailored to provide services during the construction, operation, and maintenance of offshore wind farms worldwide. The VARD 4 19 design, developed by Vard Design in Ålesund, is a highly versatile platform for all support operations for offshore wind farms, focusing on onboard logistics, safety, comfort, and superior functionality.

The vessel will be equipped with a diesel-electric and battery hybrid propulsion system designed for highly flexible and fuel-efficient operation. Substantial volumes in the vessel are set aside for future upgrades or conversion to zero emission energy sources.

CEO in Rem Offshore, Lars Conradi Andersen is looking forward to continue the collaboration with VARD:

  • Rem Power and Rem Wind have set a new standard with their innovative solutions, high performance and low emissions. These ships were developed and built in close and good cooperation between us and VARD, and it is only natural for us to return to VARD when we now want to expand the fleet with a new CSOV.

Vard Electro’s SeaQ integrated bridge system will be part of the equipment onboard. The SeaQ bridge is the highest level of bridge integration with an extended architecture. The bridge uses a combination of VARD-developed integration solutions combined with touch screens to gather various systems into one operator station. The system has full-function startup and control functions.

CEO of VARD, Cathrine K. Marti, is pleased that REM Offshore is ordering another vessel from VARD:

  • We are pleased to see REM Offshore return to VARD for another contract and look forward to the good collaboration. It is important to us that we meet our customers’ expectations which again makes VARD a highly relevant partner when new vessels are to be built. Our strength is to deliver advanced and innovative vessels on time and within budget. This contract shows that we live up to our slogan, Built on Trust. Thanks again to REM Offshore for the trust placed in VARD.

The vessel has innovative equipment from several subcontractors:

The Kongsberg Group delivers the decision support system to the SeaQ integrated bridge system.

The vessel is also equipped with Metizoft’s Life Cycle Assessment system (LCA), which measures the vessel’s environmental impact through each step of its life cycle, from raw material extraction to disposal. By analyzing all relevant Environmental Product Declarations (EPDs), a complete assessment of the total environmental impact is made.

A highly specialized and customized work vessel delivered by Mare Safety provides safe, comfortable, and efficient transport of technicians and cargo between the CSOV and the wind turbines.

The CSOV is 85 x 19.5 m with cabins for up to 120 people, including 93 wind turbine technicians and a crew of up to 27 people.

The vessel will be built at Vard Vung Tau in Vietnam and is scheduled for delivery in Q4 2026.

Ill: VARD 4 19 | Commissioning Service Operation Vessel | Length 85 m | ACC. for 120 POB

Strong 2023 for Rem Offshore AS

Strong 2023 for Rem Offshore AS

Rem Offshore Group, which was re-established in 2016, announced its best annual report since the restart. Both revenue and profit were significantly higher than 2022 and previous years.

The Group achieved a revenue of NOK 1,279,581,000 in 2023. EBITDA (operating profit before depreciation) was NOK 773,821,000 and profit after tax was NOK 342,531,000. Rem Offshore had 19 ships in operation in 2023, achieving a total utilization rate of 95%.

The Group has a solid financial foundation with significant added value in its fleet and is well-prepared for further revenue growth and expansion in a strong market.

The positive development has continued in 2024, and in the first quarter of 2024, record-high revenue of NOK 388,539,000 was achieved, with EBITDA of NOK 244,858,000 and profit after tax of NOK 88,879,000. After selling the ship Rem Aquarius in December 2023, Rem Offshore had 18 ships in operation in Q1 2024 with a utilization rate of 97%.

The new vessel Rem Wind was delivered in April, and as of today, Rem Offshore has 19 ships in operation and 1 ship under construction.

We are also pleased to have secured more work for the IMR vessel Rem Inspector. We have entered into a 3-year agreement with DOF, where the vessel will be used in an IMR contract with Equinor. The contract starts in Q1 2025. As a result, we will re-flag the ship to NOR and bring it home from Taiwan, where it has been operating within offshore wind (walk-to-work)

The total backlog for Rem Offshore is nearly NOK 3.5 billion, with an equivalent amount in options.