Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/vard-to-design-and-build-two-psvs-for-nordic-ameri.shtml

VARD to design and build two PSVs for Nordic American Offshore

Vard Holdings Limited (VARD) has confirmed that the contracts for the design and construction of two Platform Supply Vessels (PSV) for

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Vard Holdings Limited (VARD)-4

Vard Holdings Limited (VARD) has confirmed that the contracts for the design and construction of two Platform Supply Vessels (PSV) for Nordic American Offshore have been made effective.

Key highlights:

Letter of intent was previously announced on 2 June 2014. The vessels are of VARD 1 08 design, and are scheduled for delivery from Vard Aukra in Norway in 2Q and 3Q 2015. The vessels measure 81 metres long, 18 metres in breadth and weigh 4000 dwt each.

Tags: Vard Holdings Limited (VARD)