Vard Holdings

SINGAPORE (March 2): Vard Holdings, the shipbuilder of specialised vessels, has won a contract to build one open-sea trawler for NOK 350 million ($59 million).

SINGAPORE (March 1): Restructuring helped Vard Holdings narrow FY16 losses to NOK163 million ($27.3 million) from FY15 losses of NOK 603 million.

SINGAPORE (Feb 14): Vard Holdings on Tuesday announced it has secured a contract for the design and construction of a krill fishing vessel for Aker BioMarine in Norway.

SINGAPORE (Jan 17): Vard Holdings, the designer and shipbuilder of specialised vessels, has signed a Letter of Intent (LOI) for the design and construction of an expedition cruise vessel for an undisclosed international cruise company.

SINGAPORE (Jan 10): Vard Holdings announced Tuesday that it has secured contracts worth 600 million Norwegian Krone ($101 million) for the construction of two LNG powered car and passenger ferries for Torghatten Nord in Norway.

SINGAPORE (Nov 30): OCBC Investment Research believes the worst might be over for the oil and gas sector, with less downside risk than a year ago and most of the negatives having been priced in.

SINGAPORE (Nov 16): Fincantieri S.p.A., the 55.6% shareholder of Vard Holdings, has announced a voluntary conditional cash offer for the remaining shares in Vard at 24 cents, and DBS Group Research recommends shareholders accept the offer.

SINGAPORE (Nov 14): Fincantieri S.p.A., the 55.6% shareholder of Vard Holdings, has announced a voluntary conditional cash offer for the remaining shares in Vard at 24 cents, and DBS Group Research recommends shareholders accept the offer.

SINGAPORE (Nov 11): Specialist shipbuilder Vard Holdings posted losses of NOK80 million ($13.5 million) for 3Q16, narrowing 84% from NOK486 of losses in the same period a year ago.

SINGAPORE (Oct 13): Vard Holdings announced that it has agreed to acquired Storvik Aqua, an aquaculture equipment supplier, for NOK 35 million ($5.9 million). Storvik Aqua is headquartered in Norway, with subsidiaries in Chile and Scotland, with a workfor