Marine Link
Sunday, September 25, 2016

Vard to Build OSV for Island Offshore

May 23, 2014

Image courtesy of Vard

Image courtesy of Vard

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.

VARD has already delivered more than 30 vessels to Island Offshore, in addition to five vessels currently under construction.

The Island Offshore Group provides services to the offshore industry, managing a fleet of more than 30 vessels with an average age of less than four years, currently operating in Brazil, West Africa, the Gulf of Mexico and in the North Sea.

vard.com
 



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News