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Vessel builder Vard expects best order intake since 2007

But its Brazilian yards are taking their toll, with Q3 income slumping 67%

Published Mon, Nov 11, 2013 · 10:00 PM
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[SINGAPORE] Vard Holdings, a builder of offshore support vessels, has said that it would close 2013 with its biggest annual order in six years as oil and gas companies boost spending on energy exploration.

"We're confident that we'll be able to secure one or two orders at least" in the coming weeks, Holger Dilling, an executive vice- pre…

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