**Uglands Rederi** and the Sandvik family have joined forces with Greek shipping company **Costamare Shipping** in a new offshore vessel construction venture. This collaboration marks a significant development in the marine industry, as the Norwegian companies partner with their Greek counterpart to order a series of newbuilds.
The venture involves the construction of up to 10 multipurpose support vessels (MPSVs) at the PaxOcean shipyard in Zhoushan, China. Both **Uglands Rederi** and the Sandvik family, owners of **Salt Ship Design**, hold a combined one-sixth share in this ambitious order.
This move highlights the strategic alignment of Norwegian expertise and design with Greek shipping acumen, signaling a robust push in the offshore vessel market. As the industry continues to evolve, such partnerships are crucial in advancing newbuilding projects and expanding global maritime capabilities.