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NAO, Vard Push Back PSV Deliveries

Maritime Activity Reports, Inc.

April 16, 2015

Nordic American Offshore Ltd. (NAO) informs that it has agreed with the Norwegian based Vard Aukra shipyard to extend the delivery of two platform supply vessel (PSV) newbuildings, originally scheduled to be delivered in mid-2015.
Under the new agreement, the ships are scheduled to be delivered during the first quarter of 2016 when NAO will take ownership.
The vessels are fully financed and the manufacturing process is developing satisfactorily, NAO said.

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