Ulmatec Thermal solutions secures new contract for Olympic newbuilds

Bernt-Aage Ulstein
June 2, 2025

 UlmatecThermal Solutions(Ulmatec Pyro AS) has been awarded significant contracts, for supplying its Integrated Central Heating System (ICHS) to two multipurpose subsea vessels to be built for Olympic at China Merchants Heavy Industry in Shenzhen, China. The build program may include two additional vessels.

The UT7623SEV (Sustainable Energy Vessel) vessels are designed by Kongsberg Maritime and are set to be the most energy-efficient in their category.

 

Olympic has taken a leading role in the transition to environmentally and climate-friendly vessels. The UT7623 SEV vessels are a testament to this commitment, marking a new milestone in the company’s journey towards more sustainable operations.

We are very proud and at the same time humble for the trust again shown to Ulmatec Thermal Solutions by Olympic. It shows yet again that our value proposition of creating value from waste heat is a feature which is impossible to ignore in the future fleet, which must prioritize energy efficiency higher than ever. With the superb energy-efficiency achieved from Olympic’s previous newbuilds, the Construction Service Operation Vessel’s (CSOV) “Olympic Boreas” and “Olympic Notos”, we aim to take further steps with the solution to be implemented for the subsea construction vessel (SEV’s) new builds at China Merchants Heavy Industry”,

says Sales & Marketing Manager, Karstein Nygård.

Every single calorie is utilized

In close collaboration with Olympic and Kongsberg Maritime’s design team, Ulmatec Thermal Solutions have come up with a new and state-of-the-art solution for this type of vessel:

When the vessel is operating, significant amounts of valuable waste heat are expelled,either through the exhaust gases or the engine’s cooling water. Both waste energy streams are managed in Ulmatec’s Integrated Central Heating System (ICHS); either through direct usage/distribution, thermal storage or conversion into electrical energy. Through this solution, Olympic will ensure that, regardless of operating pattern, the utilization of the fuel’s energy is maximized at any time. A potential secondary effect of this is that electrical energy consumption from the vessel’s generator sets will be lowered.

Our Central Heating Management system

The key to achieving this is Ulmatec’s proprietary Central Heating Management System which automates the overall process. The system is self-regulating and autonomous and ensures that fuel consumption from fuel fired boilers is minimized. “Free” waste heat will always be prioritized for consumption, storage or electric power generation. Said in simpler terms: Management of available waste heat is optimized at any time.

 

In today’s discussions about the fleet’s carbon footprint, we think this type of energy efficient solutions will evolve and become more common across many different types of ships. Recovering waste heat is not new, but automating the distribution of it and even preserving it for later use are features we see a strong interest for in the market, looking ahead. Why? Basically, because the technology is available today and the economics are extremely robust for the ship owner”, says Area Sales Manager, Mr. Spiro Azzopardi.

Olympic’s vessels are scheduled for delivery in first half of 2027.

Bernt-Aage Ulstein
June 2, 2025

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