Contract for Three Module Carrier Vessels for Kazmortransflot

Published Aug 19, 2016
Vard - KMTF
Module Carrier Vessel – overall length 113 m, breadth approximately 22 m (illustration: Vard)

Vard Holdings Limited, a major global designer and shipbuilder of offshore and specialised vessels, has announced that it has secured a contract for the design and construction of three Module Carrier Vessels for Kazmortransflot (KMTF).

The vessels, of VARD 9 28 design, will be operated by KMTF through a consortium led by Blue Water Shipping. The vessels, measuring 113 by 22 metres, 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 1Q 2018. The aggregate contract price is approximately USD 70 million.

VARD CEO and Executive Director Roy Reite comments, “We are pleased to welcome Kazmortransflot as a new customer to VARD, and look forward to the cooperation in this exciting project. Our shipyard in Braila has unique experience in building vessels for Kazakhstan and the Caspian Sea, and this new contract further underlines our long-term commitment to the region.”

The National Maritime Shipping Company Kazmortransflot is the National Maritime Carrier of the Republic of Kazakhstan. Its mission is to further develop a national merchant marine and service fleet to ensure safe, reliable and cost-effective maritime transport, both in the Caspian region, and outside the Caspian Sea water area.

Tags: Kazmortransflot (KMTF), Vard Holdings Limited


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