Vard Holdings secures contracts for two freight-and-service vessels in Norway
VARD Holdings Limited announced late Friday that it has secured contracts for the construction of two freight-and-service vessels for FSV Group in Norway.
The global designer and shipbuilder of specialised vessels said that the new vessels will be built by Vard Aukra in Norway, scheduled for deliveries in Q3 2018 and Q1 2019.
The vessels are newly developed by FSV Group and Solstrand Trading for service and support in the aquaculture industry. They will have a length of 19 metres and a beam of 10 metres.
Vard Holdings last closed at S$0.25 on Thursday.
Share with us your feedback on BT's products and services
TRENDING NOW
DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
Deal between tycoon friends sparks scrutiny of Philippine power sector