Search results for: Vard Promar

24234 results

A list of search results

  • 6 November 2013
    Business & Finance, Project & Tenders

    The two pipe laying vessels (PLSVs) are to be built at the brand new Vard Promar yard in Recife, in the North East of Brazil. The order is part of 4 OSVs by DOF/Norskan and Technip, important customers for Vard. The other two of these vessels are to be built in Norway, also to DNV […]

  • 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 […]

  • 6 November 2013

    DNV GL will class two pipe laying vessels (PLSVs) that are to be built at the brand new Vard Promar yard in Recife, in the North East of Brazil. The order is part of 4 OSVs by DOF/Norskan and Technip, important customers for Vard. The other two of these vessels are to be built in […]

  • 6 November 2013
    Business & Finance

    The two pipe laying vessels (PLSVs) are to be built at the brand new Vard Promar yard in Recife, in the North East of Brazil. The order is part of 4 OSVs by DOF/Norskan and Technip, important customers for Vard. The other two of these vessels are to be built in Norway, also to DNV […]

  • 11 January 2016
    Business & Finance

    Norwegian shipbuilder and ship designer Vard Holdings Limited delivered the first vessel built by the company’s newest shipyard, Vard Promar in Brazil, on January 8, 2016. Featuring a capacity of 7,000 m3, the fully pressurized liquefied petroleum gas (LPG) carrier, named Barbosa Lima Sobrinho, is the second in a series to be delivered to tanker shipping company Petrobras Transporte […]

  • 15 October 2014
    Business & Finance, Operations & Maintenance

    Singapore listed shipbuilder Vard Holdings, subsidiary of Fincantieri, has informed that slower-than-expected improvements in throughput and productivity at the new Promar shipyard in Brazil are impacting profitability during the ramp-up phase. Additionally, the cost was also incurred for the two vessels in the Promar order book that were built at a third-party yard and are currently […]

  • 14 December 2015
    Business & Finance

    Tanker shipping company Petrobras Transportes S.A. (Transpetro), a logistics arm of Brazilian state-run energy group Petrobras, has terminated the contracts for two Liquefied Petroleum Gas (LPG) carriers on order from Vard Promar S.A., a 50.5% owned indirect subsidiary of Vard Holdings. The vessels in question are the last two of a series of eight LPG carriers […]

  • 17 May 2013

    Vard Holdings Limited (VARD), together with its subsidiaries, one of the major global designers and shipbuilders of offshore and specialized vessels generated revenue of NOK 2.75 billion for 1Q 2013, representing a 2% dip from the same period in 2012 (1Q 2012), reflecting overall stable operations in spite of challenging circumstances in some markets. Order […]

  • 5 August 2016
    Business & Finance

    Norwegian shipbuilder and ship designer Vard Holdings Limited has increased its shareholdings in the Brazilian shipyard Vard Promar from 50.5 percent to 95.15 percent. The increase in ownership results from a capital increase of BRL 532 million (USD 166.8 million) in Promar that is entirely taken up by Vard Group AS through the conversion of shareholder loans extended to […]

  • 14 October 2013

    NDM has signed new contracts with VARD Group for supply of deck machinery for two Pipe Lay Support Vessels (PLSVs) of VARD 3 16 design. The vesselse will be built by VARD Promar in Brasil and delivered to DOF/Technip in Q4 2016 (EP09) and Q2 2017 (EP10). For these vessels NDM will supply the following […]

  • 15 October 2013
    Business & Finance, Equipment

    NDM announces that they have signed new contracts with VARD Group for supply of deck machinery for two (2) Pipe Lay Support Vessels (PLSVs) of VARD 3 16 design. The vessels will be built by VARD Promar in Brasil and delivered to DOF/Technip in Q4 2016 (EP09) and Q2 2017 (EP10). NDM will supply the […]

  • 14 May 2015
    Business & Finance

    Vard Holdings Limited (VARD) has announced organizational changes and a reshuffle of the Executive Management Team. Namely, Geir Ingebrigtsen, previously Group Chief Controller and Deputy CFO, will assume the role of Acting Chief Financial Officer (CFO) in place of Jan Ivar Nielsen. Ingebrigtsen will be responsible for overseeing the financial management and reporting of the Group. Furthermore, […]

  • 15 October 2013

    NDM is announces that they have signed new contracts with VARD Group for supply of deck machinery for two (2) Pipe Lay Support Vessels (PLSVs) of VARD 3 16 design. The vesselse will be built by VARD Promar in Brasil and delivered to DOF/Technip in Q4 2016 (EP09) and Q2 2017 (EP10). For these vessels […]

  • 15 October 2013
    Business & Finance

    NDM has signed new contracts with VARD Group for supply of deck machinery for two Pipe Lay Support Vessels (PLSVs) of VARD 3 16 design. The vesselse will be built by VARD Promar in Brasil and delivered to DOF/Technip in Q4 2016 (EP09) and Q2 2017 (EP10). For these vessels NDM will supply the following […]

  • 23 February 2014
    Business & Finance

    DOF ASA’s Brazilian subsidiary Norskan has been awarded two four year charter contracts by Petrobras. The contracts are for Skandi Copacabana and Skandi Paraty. Skandi Copacabana’s new contract will commence in March 2014 in direct continuation of its existing contract.  Skandi Paraty’s contract will commence upon expected delivery from the Vard Promar building yard 1st […]

  • 21 February 2014
    Business & Finance

    DOF ASA’s Brazilian subsidiary Norskan has been awarded two four year charter contracts by Petrobras. The contracts are for Skandi Copacabana and Skandi Paraty. Skandi Copacabana’s new contract will begin in March 2014 in direct continuation of its existing contract. Skandi Paraty’s contract will start upon expected delivery from the Vard Promar building yard 1st Quarter 2015. The estimated […]

  • 11 July 2013
    Business & Finance

    Vard Holdings Limited, together with its subsidiaries, one of the major global designers and shipbuilders of offshore and specialized vessels, today announced its results for the second quarter of financial year 2013 and first half ended 30 June 2013. VARD generated revenue of NOK 2,945 million for 2Q 2013, representing an 11.7% decrease from the […]

  • 2 September 2013
    Business & Finance

    VARD, DOF and PG have been a long time good relation, from which PG have historically secured as much as 44 newbuildings already – all of them high-end, well equipped, state-of-the-art solutions. PG has now been selected to deliver very comprehensive packages to their VARD 12 OSCV at VARD Søviknes, which include all Cargo, Utility- […]

  • 12 August 2013

    Vard Holdings Limited (VARD), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured contracts with joint ventures of DOF Subsea and Technip for the design and construction of four Pipe Lay Support Vessels (PLSVs). The contracts constitute the largest order in VARD’s history, with an aggregate order value of […]

  • 14 May 2018

    DOF Subsea has taken delivery of Skandi Recife pipelay support vessel (PLSV) in Brazil. Skandi Recife is the company’s third Brazilian-flagged vessel and will work with Petrobras on the Campos, Santos and Espírito Santos basins, DOF informed through social media. The vessel is part of four vessels owned by a joint venture between DOF Subsea and […]

  • 12 August 2013
    Business & Finance

    Vard Holdings Limited (“VARD”) has secured contracts with joint ventures of DOF Subsea and Technip for the design and construction of four Pipe Lay Support Vessels (PLSVs). The contracts constitute the largest order in VARD’s history, with an aggregate order value of approximately USD 1.1 billion (NOK 6.5 billion). Two of the vessels, of VARD […]

  • 6 November 2013
    Business & Finance, Operations & Maintenance

    Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced its results for the third quarter of financial year 2013 (“3Q 2013”) ended 30 September 2013. Financial and operating review VARD generated revenue of NOK 2.37 billion for 3Q 2013, […]