Vard books more orders, loses less
MARCH 1, 2017 — Fincantieri’s 69.67%-owned Vard subsidiary has reported fourth quarter and year end results for 2016. Among the highlights: a full year new order intake of NOK 10.6 billion (about
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Aker BioMarine orders NOK 1 billion krill vessel at Vard
FEBRUARY 14, 2017 — Lysaker, Norway, headquartered Aker BioMarine has awarded Vard a contract to design and construct a state-of-the-art krill fishing vessel that will operate in the Antarctic. Including owner furnished
Vard inks LOI for expedition cruise ship
JANUARY 16, 2016 — The market for expedition cruise ships continues to develop. Vard Holdings Limited says that it has signed a Letter of Intent (“LOI”) for the design and construction of
Vard to build two LNG fueled ferries for Torghatten Nord
JANUARY 10, 2017 — Vard Holdings Limited reports that it has secured contracts for the construction of two LNG fueled car and passenger ferries for Norwegian operator Torghatten Nord in Norway. The
Vard: Less red ink, more shipbuilding orders
NOVEMBER 10, 2016 — Fincantieri’s 55.3% owned subsidiary Vard Holdings Limited has reported its financial results for the third quarter and nine months ended September 30, 2016. The company registered a net
Vard hooks aquaculture equipment maker
OCTOBER 13, 2016 — Fincantieri’s Vard subsidiary is acquiring Storvik Aqua AS, a leading supplier of aquaculture industry feeding, measurement and control solutions, with operations in Norway, Chile and Scotland, and long
Vard gets order for two more module carriers
SEPTEMBER 22, 2016 — Fincantieri subsidiary Vard Holdings reports that it has secured a contract worth close to $40 million for the design and construction of two additional module carrier vessels for
Vard gets order for two more module carriers
SEPTEMBER 22, 2016 — Fincantieri subsidiary Vard Holdings reports that it has secured a contract worth close to $40 million for the design and construction of two additional module carrier vessels for
Winning OPC bid is based on Vard Marine design
SEPTEMBER 17, 2016 — Eastern Shipbuilding’s winning bid for the detailed design and construction phase for the Coast Guard’s Offshore Patrol Cutter (OPC) program is based on a design from Vard Group’s
Vard Electro wins major contract from Cochin Shipyard
SEPTEMBER 13, 2016 — Vard Holdings Limited reports that its subsidiary Vard Electro AS has secured a new contract worth about NOK 150 million (about $18.2 million) for the delivery of an