Vard Holdings

SINGAPORE (Dec 19): Shipbuilder Vard Holdings has secured a contract worth about NOK2.7 billion ($435.2 million) to design and construct a luxury polar expedition cruise vessel for Ponant, the French cruise company.

SINGAPORE (Nov 27): Vard Holdings, which has received a privatisation offer from its majority shareholder, has secured contracts for the design and construction of two offshore fish-farming operation platforms for Cermaq Norway.

SINGAPORE (Nov 14): DBS is maintaining its “hold” recommendation on Vard Holdings with a target price of 25 cents.

SINGAPORE (Nov 3): Vard Holdings, the shipbuilder of specialised vessels, has secured a contract for the construction of one service vessel for Midt-Norsk Havbruk in Norway.

SINGAPORE (Sept 11): Vard Holdings, the shipbuilder of specialised vessels, has won a contract for the design and construction of one expedition cruise vessel for Australian expedition cruise operator, Coral Expeditions.

SINGAPORE (July 26): DBS Group Research is keeping its “hold” call on Vard Holdings with a marginally lower target price of 24 cents, from 25 cents previously.

SINGAPORE (July 25): Vard Holdings saw its losses widen to NOK 69 million ($11.7 million) for the second quarter ended June, from losses of NOK 53 million a year ago.

SINGAPORE (May 12): Vard Holdings, the offshore and specialised vessel builder, has posted a loss of NOK27 million ($4.4 million) for the first quarter ended March 31 compared to a gain of NOK43 million in the same period a year ago.

SINGAPORE (April 7): Vard Holdings, the shipbuilder of specialised vessels, has won a contract for the design and construction of one live fish transportation vessel for Fjordlaks Aqua in Ålesund, Norway.

SINGAPORE (March 6): Vard Holdings announced Monday that it has secured a framework agreement for the maintenance of five Norwegian Defence Logistics Organisation Coast Guard vessels.