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2007 February 9   09:35

Garware Offshore to sell Havyard Leirvik ships in India

It has signed MOU with Havyard Leirvik AS for marketing and sale of ships built by the Norwegian yard and ship designs by Havyard Maritime AS to Indian shipping companies and yards
Garware Offshore Services Ltd. announced on Friday that it had signed a Memorandum of Understanding (MOU) with Havyard Leirvik AS, for the marketing and sale of ships built by the Norwegian yard and ship designs produced by Havyard Maritime AS to Indian shipping companies and yards.
Havyard Leirvik is one of the largest shipbuilding yards in Europe.
As a result of this MOU, Garware Offshore and Havyard Maritime have received an order for four Havyard 842 design to ABG Shipyard Ltd., India. This will result in a new revenue stream for the company, Garware Offshore said.
Garware Offshore is also planning to set up a first of its kind Workshop Design Centre in India in collaboration with Havyard Leirvik. The proposed design centre will design all types of marine assets. In view of the pool of software engineers in the country and its experience in offshore shipping industry, Garware Offshore expects an impressive growth in this segment.
This Knowledge Process Outsourcing (KPO) will provide various solutions to vessel yards and buyers, by customizing designs to suit individual customers requirements. The proposed design centre by Garware Offshore will aim at not only catering to the Indian market but also the International market, in view of the robust demand for all types marine assets, particularly in the oil & gas sector, throughout the world.

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