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Vard to Build OSV for Island Offshore
Global designer and shipbuilder of offshore and specialized vessels, Vard Holdings Limited, announced it has secured a new contract with Island Offshore for the…
Vard to Build OSV for Island Offshore
Vard Holdings Limited, a global designer and shipbuilder of offshore and specialized vessels, has secured a contract with Island Offshore for the construction of one Rolls-Royce designed offshore support vessel (OSV). Vard reports the value of the contract exceeds NOK 1 billion. Delivery is scheduled from Vard Brevik in Norway in 2Q 2016. The hull of the vessel will be delivered from Vard Tulcea in Romania.