Norwegian Shipyard Reports Growth in Indian OSV Orders

Havyard Ship Technology in Leirvik, Norway announce OSV deliveries, newbuildings for India's Global Offshore

Five vessels have already been constructed and delivered from Havyard Ship Technology in Leirvik, Norway.

The Fosnavåg-based company is also in the middle of constructing a vessel of a Havyard 832 design, due to be delivered from the Leirvik shipyard in March next year.

And recently the latest contract for a vessel of a Havyard 832 design to be delivered in July next year, was signed to the value of NOK 270 million. There`s also an option for delivery of a vessel of the same design in March 2014. The 8 vessels have a value of around NOK 2 billion.

CEO Geir Johan Bakke of Havyard Group AS is proud by what the business group from Fosnavaag, Norway has managed to achieve in India and in particular in relation to Global Offshore.

"It is like a little Norwegian industrial fairy-tale. What is really rewarding in terms of this cooperation is the fact that we learn something new almost every day. We are of course extremely pleased to have a customer like Global trusting us over and over again, and we are once again aiming to prove we are worthy of this trust."

Global Offshore Ltd (formerly Garware) has 12 vessels, 5 PSVs, 6 anchor handlers and a large barge. The shipping company operates these vessels in the North Sea, Brazil, India and in West Africa.

Aditya Garware, Vice Chairman & Managing Director of Global Offshore Services Ltd., is very satisfied with the vessels that Havyard has delivered and as a result Global Offshore has decided to continue placing orders at Havyard Group.