Search results for: VARD Brevik

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  • 27 September 2012
    Business & Finance

    At 13:00 hrs today Island Offshore Management AS took delivery of the 21’st vessel in the fleet . Island Contender is of design UT 776 CDG and equipped for operating on gas alone. Christening of the vessel is performed earlier, therefore a small ceremony with change of flag was held in Brevik today. Island Contender […]

  • 19 December 2017
    Project & Tenders, Vessels

    A Fincantiery unit, Vard, has signed a contract to design and construct a luxury polar expedition cruise vessel with dual-fuel LNG/battery propulsion for the French cruise company Ponant. 

  • 29 February 2016

    Offshore shipbuilder and designer VARD is looking to diversify its business in order to reduce its offshore market dependency during industry downturn that dragged the company’s 4Q 2015 results down.  With its core market for offshore oil and gas related vessels showing continued signs of weakness in the short term, VARD said on Monday it […]

  • 4 July 2018
    Project & Tenders, Vessels

    French LNG containment tank specialist, GTT said Tuesday it signed a contract with the Norwegian shipyard Vard for the supply of LNG tanks for the luxury polar expedition cruise vessel Ponant Icebreaker. This ship, expected to be delivered in 2021, will be the first electric hybrid cruise ice-breaker with LNG propulsion. It will be operated by […]

  • 1 June 2017
    Equipment

    Shipbuilding and repair company Vard will upgrade Farstad Shipping’s platform supply vessel Far Sun. The PSV was delivered from Vard to Farstad Shipping in 2014 for immediate beginning of its long-term charter contract with Statoil out of Stavanger. Now, the vessel will be equipped with batteries for energy storage and increase its environmentally friendly operation, Vard […]

  • 20 February 2012
    Business & Finance

    On Thursday the 16th of February, Island Offshore took delivery of its newest member of the fleet, the Island Captain. Godmother for the vessel is Mrs. Tonje Tiley from ConocoPhillips. The Island Captain’s sister vessel, the Island Centurion, was delivered in October 2011. The two vessels make out to be the number 5 and 6 […]

  • 13 November 2017

    S.D. Standard Drilling has taken delivery of two large platform supply vessels (PSVs), increasing its fleet to 18.

  • 6 November 2013

    The new Vard Promar yard in North East Brazil represents a significant expansion of Brazil’s shipbuilding capability as more yards will be built outside of Rio de Janeiro. At 340 tons, the Brazilian built vessels will be among the most complex vessels ever constructed in Brazil. Competence, capacity and speed are crucial elements for Brazilian […]

  • 19 March 2012
    Business & Finance

    STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million(USD 86.8 million). The vessel will be of […]

  • 6 June 2011

    Ulstein Power & Control AS has recently signed new contracts for the delivery of three ULSTEIN COM® systems. STX Electro OSV AS in Brevik, Norway, has ordered two ULSTEIN COM® systems for two vessels under construction for Island Offshore. The systems are the latest in a long line of ULSTEIN COM® deliveries to STX. “A […]

  • 19 March 2012
    Business & Finance

    STX OSV Holdings Limited, designers and shipbuilders of offshore and specialized vessels, announced that it has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million. The vessel will be of Rolls Royce’s UT 737 CD design. […]

  • 19 March 2012
    Business & Finance, Operations & Maintenance

    STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million. The vessel will be of Rolls […]

  • 13 March 2012
    Business & Finance

    VEVA, yesterday announced that STX OSV has standardised its engineering and 3D design work on AVEVA Marine and has purchased more than 100 additional software licenses. The technology, which STX OSV has selected over Tribon and a competitive solution, will be implemented globally across ten shipyards. “We are pleased to confirm our first project’s critical […]

  • 11 November 2015
    Project & Tenders

    Vard Holdings Limited (VARD), a global designer and shipbuilder of offshore and specialized vessels, has secured a new contract for the design and construction of an offshore vessel. The order was secured from an undisclosed international customer. The new offshore vessel is designed by Vard Design in Ålesund, Norway, with the hull to be constructed at Vard Braila in Romania. Vard Langsten in […]

  • 27 January 2017
    Business & Finance

    Italian shipbuilder and ship designer Fincantieri has been asked to revise its offer for Norwegian Vard Holdings Limited (VARD) as the minority shareholders of Vard “are not happy with the offer,” according to Securities Investors Association (Singapore). Fincantieri, the current majority shareholder of Vard, with 55.63% of the shares at the time of the offer, has made […]

  • 8 June 2015

    Vard Holdings Limited has secured a contract for the design and construction of one Diving Support and Construction Vessel for Singapore-based Kreuz Subsea group. The vessel will be of VARD 3 17 design, with a total length of 91.2 meters and a beam of 21.5 meters, and has been developed especially for diving support and subsea construction duties. Designed […]

  • 29 January 2016

    Oslo-based classification society DNV GL said Friday it has approved a liquefied natural gas tank designed by Norway’s Vard. Vard’s new LNG-type B-tank design has been granted General Approval for Ship Application (GASA), DNV GL informed in a statement. The tank is the result of a joint industry project (JIP) initiated by Vard and DNV […]

  • 29 November 2011
    Business & Finance

    STX OSV, one of the major global designers and shipbuilders of offshore and specialized vessels, reported that contracts for two Platform Supply Vessels (PSV) with Island Offshore have been confirmed. The contracts had originally been announced on 30 October 2011, subject to financing approvals. All subjects have now been lifted and the contracts have been […]

  • 27 March 2017

    Italian shipbuilder Fincantieri has not managed to fully take over Vard, an offshore vessel building specialist. To remind, Fincantieri in November 2016 launched the offer for the shares not already owned by Fincantieri. More precisely, the offer was for 523,528,732 shares equal to 44.37% of the Vard share capital. In the case of full acceptance, […]

  • 27 March 2017
    Business & Finance

    Fincantieri Oil & Gas, a subsidiary of the Italian shipbuilding conglomerate Fincantieri, has closed its offer for the ordinary shares of Vard Holdings Limited with valid acceptances for 74.45% of Vard’s share capital. The voluntary conditional general offer, which was launched in November 2016 in Singapore, closed on March 24 with acceptances for over 215.9 million offer shares. […]

  • 19 August 2016
    Business & Finance

    Norwegian shipbuilder and ship designer Vard Holdings Limited (Vard) has inked a USD 70 million contract for the design and construction of three Modul Carrier Vessels (MCVs) with Kazakhstan-based shipping company Kazmortransflot (KMTF).  The vessels, of VARD 9 28 design, will be operated by KMTF through a consortium led by Blue Water Shipping. The three MCVs, featuring […]

  • 15 March 2016
    Business & Finance

    Fincantieri’s Norwegian subsidiary Vard Holdings Limited (VARD), specializing in the design and shipbuilding of offshore and specialized vessels, has signed a Letter of Intent with the French ship owner Ponant, a subsidiary of Artemis Group, for the construction of four small-sized luxury cruise vessels. The letter, signed during the Seatrade Cruise Global currently underway in […]