SINGAPORE (Apr 10): Vard Holdings, the shipbuilder of specialised vessels, has secured a new contract for the design and construction of one stern trawler for up to NOK 400 million ($67.4 million).

The buyer is Havfisk, Norway's largest trawler company with a fleet of 10 vessels. Its primary catch are cod, haddock and saithe fishing.

The new vessel is of Vard 8 02 design. With a length of 80 meters and a beam of 17 meters, the trawler features an advanced fish factory, two separate cargo holds for refrigerated and frozen fish, and a freezing capacity of 80 tons per 24 hours.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook