VARD to Design and Build One Arctic AHTS Vessel for Bourbon

Vard Holdings Limited (“VARD”) has secured a contract with BOURBON, for the design and construction of one arctic Anchor Handling Tug Supply vessel (AHTS).

The arctic AHTS vessel is designed by Vard Design, developed for world-wide anchor handling and remote operations, with a total length of 93.6 meters, a beam of 24 meters and a bollard pull of approx. 270 ton. The vessel is arranged for ROV (Remote Operating Vehicle), and has accommodation capacity for 60 persons. This vessel has superior anchor-handling capabilities as well as a hybrid propulsion system providing energy savings.

The vessel will be operated by Bourbon Offshore Norway and is scheduled for delivery from Vard Brattvaag in Norway in 1Q 2016. The hull of the vessel will be delivered from Vard Tulcea in Romania.

“VARD has in the past delivered another seven sophisticated vessels to BOURBON and is pleased to welcome the company back into its client portfolio,” the company said in a press release.

VARD, February 7, 2014

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