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Vard lands $18.2m contract in India

Vard Holdings’ subsidiary Vard Electro has landed a new contract valued at NOK150m ($18.2m) for the delivery of an equipment and electrical installation package to India’s Cochin Shipyard for a vessel under construction.

Lee Hong Liang, Asia Correspondent

September 13, 2016

1 Min Read
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The contract includes engineering to support the shipyard in the approval process, delivery of a Vard SeaQ Electric Propulsion and Integrated Automation System (IAS) package, SeaQ Bridge systems, complete generator sets, and the complete electrical installation onboard the vessel.

Vard Electro’s subsidiary in Kochi, situated close to Cochin Shipyard, will provide engineering and installation services for the project.

The newbuilding is expected to become operational in 2018.

Peter Pilskog, vice president sales and marketing at Vard Electro, commented: “This contract shows that Vard’s know-how in electrical engineering and system integration is both sought after and competitive in the international marketplace.”

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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.

 

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