Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured a new contract for the design and construction of one Platform Supply Vessel for Carlotta Offshore Ltd., a newly established player in the offshore support vessel market.

The vessel is a multifunctional PSV of VARD 1 08 design with a total length of 81 meters, beam of 18 meters and a cargo deck area of 830 m².

The vessel of approximately 4000 dwt will be prepared for standby, rescue, firefighting and oil recovery operations.

Delivery is scheduled from Vard Vung Tau in Vietnam in 4Q 2014.