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Vard wins contract to build PSV

Vard Holdings has won a new contract to design and construct one platform supply vessel (PSV) for Carlotta Offshore.

Lee Hong Liang, Asia Correspondent

February 11, 2014

1 Min Read

Kalyakan - stock.adobe.com

Vard, wholly-owned by Italy's shipbuilding group Fincantieri, will deliver the PSV from Vard Vung Tau in Vietnam in the second quarter of 2015.

Financial details of the contract were not disclosed.

The 4,000-dwt offshore vessel will be equipped with standby, rescue, firefighting and oil recovery functions, and designed with high cargo capacity and low fuel consumption, according to Vard.

This is the second order by Carlotta Offshore with Vard Vung Tau.

Last Friday, Vard bagged an order to build one arctic anchor handling tug supply (AHTS) vessel for Bourbon.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

See more from Lee Hong Liang

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