Norway: Havyard Wins Contract for Delivery of Two PSVs of Havyard 832 Design

Havyard Group AS has signed a contract with the Indian shipping company Global Offshore Ltd for delivery of a PSV vessel, including an option for one further vessel. The Indian shipping company, known as Garware Offshore until just recently, has changed its name due to an expansion from only operating within India to operating in the global offshore market.

Global Offshore is listed on the Mumbai stock exchange and has to date 12 vessels in operation. The contract is for delivery of two ships of a Havyard 832 design, vessels number 13 and 14 of this specific Havyard design from the Herøy-based company.

CEO Geir Johan Bakke of Havyard Group AS is delighted with the new contract, a contract to the value of around NOK 500 million.

Global Offshore Ltd is a very good customer of ours. These will be constructions number 6 and 7 that our own shipyard in Leirvik will deliver for this shipping company; and the last one was the PSV vessel “Beaucephalus”, delivered last year. This was a Havyard 832 L SE-design. The fact that the Indian shipping company signs a contract for two new supply vessels is recognition of the work that we have done here at Havyard. In addition, it is another confirmation of exactly how attractive the Havyard 832 has proven to be,” says Bakke.

The outfitting of these two vessels will be done at Havyard Group`s shipyard at Havyard Ship Technology in Leirvik, and the vessels will be delivered during the first and second quarter of 2013.

Havyard Wins Contract for Delivery of Two PSVs of Havyard 832 Design

This will also lead to considerable subcontracts within the business areas of Havyard Design & Engineering and Havyard Power & Systems. Besides, Norwegian Electric Systems, where Havyard Group is a co-owner, will deliver complete electric propulsion,” informs CEO Geir Johan Bakke.

Vice Chairman of Global Shipping Ltd, Aditya Garware, is also delighted with the new contract. “We are very happy to be able to continue developing our excellent cooperation with Havyard Group, a cooperation that has ensured a healthy growth for both of our companies, says Garware.”

(500 million Norwegian kroner = 86.2855 million U.S. dollars)

Shipbuilding Tribune Staff, November 16, 2011; Image:havyard

Share this article

Follow World Maritime News

Posted on November 16, 2011

In Depth>

Events>

<< May 2016 >>
MTWTFSS
25 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

TOC Europe 2016

The events now have a renewed focus on supply chain making them the premier business and networking event for the stakeholders within…

read more >

7th Annual International Port Security Conference

The SMi Group announces the 7th annual International Port Security Conference. The event will be held in London on the 1st and 2nd of June 2016.

The conference aims to bring together key decision makers in the industry to discuss modern methods of port security and provide effective learning experiences for all delegates through the carefully selected expert speaker line up.

Interacting with delegates from across the globe and hearing from industry leading experts will ensure delegates are up-to-date with high priority information that enables you to best secure your seaports, civilians and means of trade.

Topics to be discussed include terrorism, cyber terrorism, emergency intervention procedures, optimising technology use in security checks and case studies featuring some of the largest ports across the world. Our diverse range of topics will allow delegates to learn best practices for port security and understand further how other ports are resolving core challenges.

More info

read more >

CLIA Cruise360 – A Panoramic View to Cruising

Developed and hosted by Cruise Lines International Association (CLIA), Cruise360 offers a truly panoramic view of the cruise industry…

read more >

Posidonia 2016

Posidonia is a firm fixture for the global shipping industry. Every two years it is the essential place for serious business at the largest…

read more >