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Vard to focus 'fully' on new markets to diversify

It posted a net loss of 53m Norwegian kroner - or S$8.48m - in Q2 FY16


AS part of efforts to diversify its operations amid the continued slump in the offshore oil and gas sector, Norwegian shipbuilder Vard Holdings is set to turn its attention "fully" to budding market segments, executives said.

The mainboard-listed shipbuilder registered a...