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    NorYards signs contract to complete anchor handler

    Yard News // April 11, 2014

    NorYards AS has signed a contract with NFDS 2 Offshore AS for the outfitting and commissioning of a new anchor handling tug supply vessels (AHTS).

    The project will be carried out at NorYards Fosen (formerly Bergen Group Fosen), generating outfitting activity at the yard from the third quarter of 2014 until delivery in the second quarter of 2015.
    NFDS 2 Offshore AS is a subsidiary of Nordenfjeldske Dampskibsselskap AS, which is majority-owned by Boa Offshore AS. The contract is valued at in excess of NKr 650 million.
    “This is an important milestone for NorYards. The contract is the first NorYards has achieved with its new ownership in place”, said NorYards' CEO, Johannes D Neteland.

    NorYards AS consists of NorYards BMV and NorYards Fosen. The two Norwegian shipyards until recently constituted the shipbuilding division of Bergen Group.

    Now the yards will be transferred to NorYards with the Calexco Sarl as new majority owner.

    The contract is conditional that the agreement between Bergen Group ASA and Calexco is completed as planned. It is expected that this transaction is completed by the end of April.

    The AHTS is a VS 491 CD design with an overall length of 91m, breadth of 22m and a bollard pull of minimum 285 tonnes. The vessel also has a ROV hangar.
    The hull of the new vessel will be completed at Nantong Mingde Heavy Industries in China this summer and is due to arrive at Fosen in September. The delivery date for the completed vessel is in the second quarter of 2015.


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