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Topaz Energy and Marine heads to Vard for OSCV pair

Offshore shipbuilder Vard has announced that it has secured new contracts with Topaz Energy and Marine to build two offshore subsea construction vessels.

The two vessels will be of VARD 3 08 design, developed for crane operations and light subsea construction with intervention duties, with the hulls to be constructed at Vard Tulcea in Romania and final delivery from Vard Brattvaag in Norway. The pair are scheduled for delivery in the third and fourth quarter of 2017.

Roy Reite, CEO and executive director of Vard, commented: “We are honored to receive these contracts from our new customer in Dubai, and are pleased to welcome the company into VARD’s client portfolio. We look forward to developing these new vessels closely with the Topaz team.”

The total value of the two contracts is over $100m.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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