Vard Electro to equip U.K. research ship
JULY 12, 2016 — Vard Group subsidiary Vard Electro AS is to provide an engineering and electrical installation package for the new U.K. new polar research vessel. The vessel is under construction
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Vard to terminate Rem Offshore newbuilding order
JUNE 27, 2014 — Vard Holdings Limited has agreed in principle to terminate a shipbuilding contract with Rem Offshore ASA in return for a compensation. The contract with Rem for one Offshore
Vard signs LOI for two more expedition cruise ships
MAY 13, 2016 — Fincantieri subsidiary Vard Holdings Limited has signed a Letter of Intent with an undisclosed international cruise company for the design and construction of two small-sized expedition cruise vessels.
Vard wins $300 million, 15 vessel order
MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy
Vard wins $300 million, 15 vessel module carrier order
MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy
Vard gets LOI for four expedition cruise ships
MARCH 15, 2015 — Norwegian headquartered Vard Holdings Limited has signed a Letter of Intent for the construction of four luxury expedition cruise vessels for French cruise company Ponant, a subsidiary of
Racking up 2015 loss, Vard unveils new strategy
FEBRUARY 29, 2016 — Reporting a net loss of NOK 1.29 billion ($148 million) for FY2015, the heavily offshore focused Vard Holdings today announced a diversification strategy aimed at preserving its core
Vard awarded contract to design and build stern trawler
FEBRUARY 22, 2016—Vard Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract valued at NOK 325 million (about $37.7 million) for
Vard wins order for advanced stern trawler
FEBRUARY 22, 2016 —Norway’s largest trawler company, Havfisk ASA, has placed a NOK 325 million (about $38 million) order with Vard Holdings Limited for the design and construction of an 80 m
Vard Marine to design icebreaking vessel for Chile
FEBRUARY 2, 2016 – Vard Marine has secured a contract worth EUR 4 million for the design of an Antarctic icebreaking vessel for the Chilean Navy. Based in the U.S. and Canada,