Delivery is set in 3Q14.
According to OCBC Investment Research, Vard Holdings, previously known as STX OSV, secured a contract with Island Offshore for the construction of one advanced offshore support vessel worth approximately NOK400m (US$70m).
Here's more:
Delivery is scheduled from Vard Brevik in Norway in 3Q2014. Meanwhile, the group is also expected to report its 1Q results on 14 May 2013.
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