Havyard ups the ante in India

These Havyard vessels will become numbers seven and eight but for Global Offshore. Five vessels have already been constructed and delivered and the next vessel, a Havyard 832 design, is in the middle of construction and is due for delivery in March 2013.

This new contract for a vessel of the same design is due for delivery in July next year – the contract is worth NOK270m. Collectively, the eight vessel contract with Global Offshore has a value of around NOK2bn.

Chief executive officer of Havyard Group AS, Geir Johan Bakke, said: “It is like a little Norwegian industrial fairy-tale. What is really rewarding in terms of this cooperation is the fact that we learn something new almost every day. We are of course extremely pleased to have a customer like Global trusting us over and over again.”

And there’s more good news – there’s a strong possibility that Global will want another vessel of the same design for delivery in March 2014.