You are here

Vard confirms new fishing vessel contract

Monday, May 29, 2017 - 18:31

YARD group Vard Holdings said that a contract to design and construct one krill fishing vessel for Norway's Aker BioMarine has been confirmed.

Vard previously announced the contract on Feb 14, 2017 stating the contract is still subject to certain conditions, including customary financing conditions.

The yard group said that these conditions have now been fulfilled and the contract has become effective.

Delivery is scheduled from Vard Brattvaag in Norway in Q4 2018. The hull of the vessel will be built by Vard Tulcea in Romania.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom