Garware Offshore signs MoU with Norway's Havyard

New Delhi, Feb 9 (UNI) Garware Offshore Services Ltd today signed an MoU with Norway-based Havyard Leirvik AS shipbuilding yards for marketing and sale of ships to Indian shipping companies and Indian yards.

The ships will be built by Havyard Leirvik AS while the designs produced by Havyard Maritime AS, a part of the Havyard Group.

Under the agreement, the company and Havyard Maritime AS, have received an order for four Nos Havyard 842 design to ABG Shipyard Ltd, India. This will result in a new revenue segment for Garware Offshore, a statement said.

The company is also planning to set up a first of its kind Knowledge Process Outsourcing (KPO) for 'Workshop Design Centre' in India in collaboration with Havyard Leirvik AS which will design all types of marine assets.

The KPO will provide various solutions to vessel yards and buyers, by customising designs to suit individual customers requirements.

The design centre will aim at not only catering to the Indian market but also the International market as well, in view of a robust demand for all types marine assets, particularly in oil and gas sector, throughout the world.

UNI