Vard Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a contract for the design and construction of three Module Carrier Vessels for Kazmortransflot.
The contract win was previously disclosed on 29 July 2016. The vessels, of VARD 928 design, will be operated by KMTF through a consortium led by Blue Water Shipping. The vessels, measuring 113 by 22 meters , are designed for transport in the Caspian Sea.
All three vessels will be built at Vard Braila in Romania. Delivery is scheduled between 3Q 2017 and 1 Q 2018. The aggregate contract price is approximately USD 70 million.