Bergen Group Bags AHTS Outfitting Job

Business & Finance

Bergen Group Bags AHTS Outfitting Job

Norway’s Bergen Group Fosen has signed a contract with NFDS Offshore 1 AS for outfitting and commissioning of a new and modern anchor handling tug supply vessels  (AHTS).

NFDS Offshore 1 AS is a subsidiary of Det Nordenfjeldske Dampskibsselskap AS, a company where BOA Offshore holds the majority share.

The contract is valued at more than NOK 600 million (approximately USD 104 million), and ensures NFDS Offshore 1 AS a fully commissioned and operational ship by the end of the 1st quarter of 2014. All the necessary funding and board approval for the project is clarified. The contract also includes an option for outfitting and commissioning of a similar vessel.

The modern anchor handling offshore vessel, a VS 491 CD AHTS design, has a length of 91 meters and a beam of 22 meters. The hull, which is already constructed at Nantong Mingde Heavy Industries in China, is expected to arrive Fosen in late Q2 this year. The contract will generate outfitting work at Bergen Group Fosen from summer 2013 to the end of Q1 2014.

“Bergen Group Fosen has the last year been through a very demanding period. Still, the shipyard has managed to establish a record high order book that ensures a solid and continuous employment over the next two years. This allows us to implement an efficient, stable and profitable production in the coming years”, says CEO Anders Straumsheim at Bergen Group Fosen.

[mappress]

Press Release, March 14, 2013