Ulstein
Ulstein Group is a Norwegian shipbuilding company specializing in the design, construction, and outfitting of advanced vessels, including offshore wind service vessels, cruise ships, and specialized vessels for the subsea and oil & gas industries. Headquartered in Ulsteinvik, Norway, the family-owned company, founded in 1917, employs around 700 people and is known for its innovative vessel designs like the X-BOW®.
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Shipbuilding CompanyOEM/EquipmentEPC Contractor
Strategic Overview
- Strong focus on innovation in vessel design, particularly the X-BOW® and X-STERN® hull lines for improved seakeeping and fuel efficiency.
- Increasing emphasis on the offshore wind sector with specialized Construction Service Operation Vessels (CSOVs) and Service Operation Vessels (SOVs).
- Leveraging in-house expertise in design, shipbuilding, and power & control systems to offer integrated solutions.
- Exploring sustainable solutions and alternative fuels for future vessel designs to support the energy transition.
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Technologies
Telecom1
Geography
China1
Key People
Cathrine Kristiseter Marti
CEO
Gunvor Ulstein
Chair of the Board
Track Record
107
Years Active
Notable projects: X-BOW® hull line design, X-STERN® hull line design, Various specialized offshore vessels (CSOVs, SOVs), Expedition cruise vessels
Detailed Analysis
Technologies
Geographies
Deal Stage
Deal Structure
Subsidiaries
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