The Norwegian shipbuilder won the prize for its X-STERN for DP-equipped vessels that helps them respond in harsh conditions.
Gunvor Ulstein, chief executive for the Ulstein Group, said: "Innovation is at the core of what we do and we are truly delighted to receive this recognition."
Tore Ulstein, deputy chief executive of Ulstein, said: "The X-STERN operates in much the same way as the X-BOW, sheltering the work deck, reducing the movement in transit and increasing comfort on board.
"The