Vard snags second job for the quarter
Latest deal to build Rolls-Royce design support vessel for $210m
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Anita Gabriel
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Singapore
PUTTING a disappointing quarter weighed down by delays and overcapacity behind it, shipbuilder Vard Holdings seems intent on making up for dashed hopes.
The mainboard-listed firm just clinched its second contract in the second quarter, this time to construct an offshore support vessel of Rolls-Royce design for one billion Norwegian krone (S$210 million) from repeat customer Island Offshore.
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