Vard to build research expedition ship for Norway industrialist
Published Tue, May 2, 2017 · 12:18 AM
SHIPBUILDER Vard Holdings has won a contract to design and build a research expedition vessel for a Norwegian industrialist, it said in a Singapore Exchange filing on Tuesday morning. It did not disclose the contract sum.
The 182 metres long vessel will be able to monitor and survey marine life in all the world's oceans and will be the longest ever built by Vard, the group said.
It added the ship is expected to enter service in 2020.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Kraft Heinz misses sales estimates as higher prices deter customers
Marriott boosts full-year profit view after mixed Q1 results
J&J advances US$6.48 billion settlement of talc cancer lawsuits
US holds quarterly debt sale steady, starts buybacks this month
US dollar nears six-month high after pre-Fed data shock, yen steady
KFC parent Yum reports surprise drop in global same-store sales on weak demand