VARD acquires STX Marine

JULY 5, 2014—Leading offshore vessel designer and builder VARD, a Fincantieri company, has strengthened its presence in the North American market with the acquisition of STX Canada Marine, Inc., for NOK65 million

Rem Offshore orders OCV/AH at Vard

JUNE 4, 2014 — Vard Holdings Limited won a contract valued at around NOK 800 million fon Norway’s Rem Offshore. It covers the design and construction of a 100 m x 25

Island Offshore order worth £35 million to Rolls-Royce

MAY 29, 2014 — Rolls-Royce has secured a contract worth approximately £35 million to design and equip the UT 797 CX design AHTS/deep water installation vessel just ordered at Vard’s Brevik, Norway,

Island Offshore back at Vard

MAY 23, 2014 — Vard Holdings Limited reports that it has secured a new contract with Island Offshore for the construction of one offshore support vessel of Rolls-Royce design. The value of

Vard to build third PSV for Carlotta

MAY 19, 2013 — Vard Holdings Limited reports that it has secured another contract for the design and construction of a platform supply vessel for Carlotta Offshore Ltd. The vessel is a

Vard gets LOI for its largest ship yet

MARCH 11, 2014 — Vard has received a Letter of Intent from Solstad Offshore for the design and construction of a large offshore subsea construction vessel (OSCV). If firmed up, the contract

Farstad agrees newbuild sale and leaseback with Ocean Yield

MARCH 7, 2013 — Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, reached an agreement with Ocean Yield of a sale and leaseback of two AHTS. The vessels,