The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

Vard confirms new fishing vessel contract

Published Mon, May 29, 2017 · 10:31 AM
Share this article.

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.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here