VARD Enters LOI with Simon Møkster for Design and Construction of LNG PSV

VARD Enters LOI with Simon Møkster for Design and Construction of LNG PSV

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has entered into a Letter of Intent with Simon Møkster Shipping for the design and construction of one Platform Supply Vessel (PSV).

The shipbuilding contract for the design and construction of the vessel is expected to be entered into within a few weeks. The vessel, of VARD’s own PSV 06 LNG design, is scheduled for delivery in Q1-2015 from VARD in Norway. The hull will be delivered from VARD in Romania.

The PSV 06 LNG is a new innovative design developed by Vard Design. The vessel will be a Clean Design environmentally friendly dual-fuel LNG/diesel-electric ship with focus on low fuel consumption and low emissions of greenhouse gases. The vessel will be approximately 94 meters long and 20 meters wide, and is designed to meet the requirements for support to the Goliat oil and gas field in the Barents Sea.

Simon Møkster Shipping has been awarded a charter contract by oil major Eni Norge for the operation of the vessel. In addition to regular PSV duties, the vessel is equipped for emergency operations like rescue, emergency towing, firefighting and oil recovery. At the stern of the vessel, a hangar will be fitted to accommodate an emergency towing winch, NOFO oil recovery equipment and a slipway for launch and recovery of the rescue crafts.

Simon Møkster Shipping operates a large fleet of ships from its main office in Stavanger, Norway, and VARD has built several of these vessels in the past.

[mappress]

World Maritime News Staff, April 23, 2013