Monday, November 3, 2008

Garware Offshore - Placing Of An Order For Construction - Nov 03, 2008

Garware Offshore Services Ltd has informed that the Company has placed an order with Havyard Leirvik AS, for a Multi Purpose Platform Supply Vessel of 4500 DWT. The Vessel will have Diesel Electric Propulsion, offering potential customers significant savings in fuel consumption.

The Vessel will also have an optional Moon Pool and the deck will be strengthened for the fitment of a Crane.The approximate cost of the Vessel is USD 55 Million and scheduled for delivery in the last quarter of Calendar Year 2010.

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