NAO, Vard Push Back PSV Deliveries

April 16, 2015

Nordic American Offshore Ltd. (NAO) informs that it has agreed with the Norwegian based Vard Aukra shipyard to extend the delivery of two platform supply vessel (PSV) newbuildings, originally scheduled to be delivered in mid-2015.
 
Under the new agreement, the ships are scheduled to be delivered during the first quarter of 2016 when NAO will take ownership.
 
The vessels are fully financed and the manufacturing process is developing satisfactorily, NAO said.

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

Subscribe for Maritime Logistics Professional E‑News

India extends IndiGo's leasing agreement with Turkish Airlines
Prices of oil fall due to demand concerns, but are still heading for a weekly gain
French and Benelux stocks: Factors to watch