Deals Counterparts

Ulstein

company 1 Deal 3 Partners

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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Founded 1917 700 employees
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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Investment Focus

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
Offshore WindMarine TransportSubseaOil & GasCruise
Geographies
NorwayWestern EuropeAsia PacificGlobal
Deal Stage
Greenfield
Deal Structure
Direct Contracts

Subsidiaries

Ulstein VerftUlstein Design & SolutionsUlstein Power & ControlUlstein Marine SystemsUlstein International

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