Vard contracted by Island Offshore for the construction of an advanced offshore support vessel (OSV) of Rolls-Royce design. The value of the contract amounts to approximately NOK 400 million and delivery is scheduled from Vard Brevik in Norway in Q3-2014…
Siem Offshore contracts Remontowa Shipbuilding S.A. of Poland to construct a dynamically positioned Cable Lay Vessel (CLV).The associated gross project cost for the first vessel, scheduled for April 2015 and ready for operation, is approx…
Shipbuilders & designers STX OSV adopt new brand name following sale of STX Europe’s majority stake in the company to Fincantieri Oil & Gas.Chief Executive Officer and Executive Director of VARD, Roy Reite, said, “I am excited to announce that VARD will be our new name…