Vard’s Brazilian Yard Marks 1st Vessel Delivery

Image Courtesy: Vard

Norwegian shipbuilder and ship designer Vard Holdings Limited delivered the first vessel built by the company’s newest shipyard, Vard Promar in Brazil, on January 8, 2016.

Featuring a capacity of 7,000 m3, the fully pressurized liquefied petroleum gas (LPG) carrier, named Barbosa Lima Sobrinho, is the second in a series to be delivered to tanker shipping company Petrobras Transporte S.A. (Transpetro), and the first to be built entirely at and delivered from Vard Promar.

“The delivery marks an important milestone in the development of the new shipyard, and for Vard’s operations in Brazil,” the company said.

As at December 31, 2015, Vard had 29 vessels in its order book, eight of which are scheduled for delivery from the group’s two shipyards in Brazil.

The Barbosa Lima Sobrinho carrier is part of a contract signed between the companies in June 2010, under which Vard Promar was to deliver a series of eight LPG carriers between 2014 and 2016.

However, in December 2015, Transpetro terminated the contracts for two LPG carriers, the last two of the series.

The combined contract value for the series of eight vessels was USD 536 million.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2017 >>
MTWTFSS
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Global Liner Shipping Asia Conference

Fight. Survive. Thrive. Respond to challenges of consolidation & disruption at the largest gathering of container shipping industry in Asia…

read more >

Bunkering Week 2017

IBC’s biennial Bunkering Week is back with its successful series of 3 co-located events: 8th Bunkering in Asia, 4th LNG Bunkering and EMTECH: Ship Emissions Technology Conference. With a proven track record of bringing together top decision makers from various industry sectors, this remains the go to event for ship owners, fuel suppliers, traders and […]

read more >

Indonesia Marine & Offshore Expo (IMOX) 2017

Indonesia Marine & Offshore Expo (IMOX) 2017, Batamis an international maritime and offshore industrial event that brings an international…

read more >

Salvage & Wreck Asia

Could your business be affected by shipwreck? Are you a salvage professional or a wreck removal expert? …

read more >