Vard

Vard: Secured a contract with Buksér og Berging for the construction of one Azimuth Stern Drive (ASD) offshore tug vessel. The vessel is scheduled for delivery in Q1-2015 from Vard Braila in Romania. The design of the vessel has been developed by Buksér og Berging, and will have a length of 42.5 meters with a beam of 15 meters and a bollard pull of approximately 115 tons. No contract price has been stated on the announcement; based on historical cost (Apr 2006), a similar tug vessel with a length of 48m would cost approximately $7.5m. Buksér og Berging is a market leader in providing specialized towage vessels for the marine, oil and gas industries. The Norwegian based company aims to have a modern fleet ranging from AHTS to harbour tugs in order to provide marine services within ports and terminals, ocean towage, offshore work and complex marine operations.