Vard awarded contracts worth $114 mil to build new-concept stern trawlers

SINGAPORE (Dec 4): Vard Holdings has won contracts worth NOK 700 million ($113.9 million) for the design and construction of seven stern trawlers for four Icelandic shipowners, namely: Bergur-Huginn, Utgerdarfelag Akureyringa, Gjögur and Skinney-Thinganes.

In a filing on Sunday, Vard says it has partnered the four shipowners to develop a new design, dubbed Vard 8 08, for the seven stern trawlers to provide a “strong focus on safe operations, efficiency in cargo handling, as well as crew’s wellbeing”.

Each vessel will have a large trawl deck with winches; a twin screw propulsion system; a refrigerated cargo hold with a capacity of 240 cubic meters and a fish processing area; and large propellers and rudders to ensure smooth operations in harsh environments and safe handling of the fishing gear.

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