Boa Scraps Newbuild

Norway’s Boa IMR, a majority owned subsidiary in the Boa Offshore group, has sent a cancellation notice of the shipbuilding contract for an IMR/OCV vessel with Noryards Fosen.

The contract for a Light Construction and Inspection Maintenance and Repair (IMR) Vessel was first announced in March this year.

In the cancellation notice Boa IMR AS claims repayment of advance payments including interest according to the contract, and a notice of a possible guarantee claim is also sent to the guarantor.

The vessel, designed in cooperation between BOA and Noryards was planned with free deck space of 1500 m2, uniform deck strength of 15t/m2, 2 AHC offshore subsea cranes (150t + 30t) to 3000 m, 2 WROV’s to 3000 m in hangars, moonpool and helideck.

The vessel was designed to be 108 meters long, have a beam of 24 meters and crewing/operator capacity of 125 beds.

The contractual delivery date of the vessel was March 2017.