Garware Offshore Inks MoU With Havyard Leirvik

Friday, February 09, 2007
arware Offshore Services in association with Norway-based Havyard Leirvik AS signed a memorandum of understanding for marketing and sale of ships built by Havyard Leirvik A.S. and ship designs produced by Havyard Maritime A.S., a part of the Havyard Group to Indian shipping companies and Indian yards. Consequent to signing the MoU, the company and Havyard Maritime A.S. have obtained an order for 4 nos. Havyard 842 design from ABG Shipyard Ltd.India. This would result in new revenue segment for the company.

The company anticipates a tremendous growth in this segment, considering the pool of software design talent available in the country and the experience and knowledge that company has in offshore and shipping industry.

The KPO will provide various solutions to Vessel Yards and Buyers, by modifying designs to suit individual customers requirements. The Design Centre will aim at not only catering to the Indian market but also the international market as well, in view of robust demand for all types Marine assets, particularly in oil and gas sector, throughout the world.

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