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Ulstein Verft

company 1 Deal 1 Partner

Ulstein Verft is a Norwegian shipyard specializing in the design and construction of advanced vessels, including those for offshore wind, cruise, and specialized offshore operations. As part of the Ulstein Group, it delivers complex marine solutions globally.

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Founded 1917 600 employees
Shipbuilding CompanyOEM/EquipmentEPC Contractor

Strategic Overview

  • Ulstein Verft is a key player in the specialized vessel market, particularly for the growing offshore wind industry.
  • The company focuses on innovative vessel designs (X-BOW, X-STERN) and advanced marine technology.
  • Strong emphasis on sustainability and efficiency in vessel construction, aligning with energy transition goals.

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Investment Focus

Technologies
Offshore Wind1
Geography
Norway1

Key People

Cathrine Kristiseter Marti
CEO, Ulstein Group
Øyvind Gjerde
Managing Director, Ulstein Verft AS

Track Record

107
Years Active
Notable projects: Nexans Aurora (Cable Laying Vessel), Acta Centaurus (CSOV), National Geographic Resolution (Expedition Cruise Vessel), Olympic Boreas (Construction Support Vessel)

Detailed Analysis

Sectors
Energy TransitionTransport
Technologies
Offshore WindTransmission
Geographies
NorwayWestern EuropeGlobal

Subsidiaries

Ulstein Design & Solutions ASUlstein Power & Control ASUlstein Elektro Installasjon AS

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