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Vard wins contracts for two offshore fish-farming platforms

PC Lee Published on Mon, Nov 27, 2017 / 6:27 PM GMT+8

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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.

See: Vard gets 25 cents/share offer in second privatisation attempt by controlling shareholder

To be built according to the Vard 8 54 design, the vessels will be developed by Vard Design and Vard Aukra in close cooperation with Cermaq Norway.