Vard secures contract for fishing vessel construction worth $10.1 mil

SINGAPORE (Mar 15): Vard Holdings has secured a NOK 60 million ($10.1 million) contract for the construction of a fishing vessel for Norwegian-based AS Remøybuen.

The fishing vessel is classified for deep sea fishing and is a combined long liner and Danish seiner that will be able to accommodate a crew of 11 persons on board.

The vessel will feature the first-of-its-kind electric-driven seine drums developed by Seaonics, which will deliver a winch package of two seine drums, two net drums and one cod end winch.

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