Vard Holdings Limited has announced that it has secured a contract with a Norwegian fishery for the design and construction of a live fish transportation vessel as the shipbulder continues to diversify away from the sluggish offshore market.
The order was placed by Fjordlaks Aqua based in Ålesund, Norway.
The new live fish transporter is scheduled for delivery from Vard Aukra in Norway in 3Q 2018. The hull will be built at Vard Braila in Romania.
The modern live fish transportation vessel will feature a flexible diesel electric propulsion system, with a length of 60.5 meters and a beam of 14 meters.
Executive Vice President Mr. Magne Håberg commented, “This contract is in line with VARD’s strategy to expand our broad product portfolio and services for the aquaculture business. I am pleased to welcome Fjordlaks Aqua to VARD, and we look forward to cooperate with their team in this project.”
VARD, a specialized designer and shipbuilder of offshore and specialized vessels, has developed a broad portfolio of vessels, products and solutions for the aquaculture business. The VARD 8-SERIES includes a variety of vessels, platforms and barges for fisheries and aquaculture, able to perform functions such as live fish transportation and treatment, fish feed, and fish farm operations and maintenance. The vessels in the series are developed by Vard Design in Ålesund, Norway, with high focus on environmental sustainability.
VARD’s diversification is not limited to aquaculture. The company has also been making waves in the expedition cruise ship market, having received several recent orders, ferries, and a recent $41 million order for fishing trawler.
VARD is majority owned by Italian shipbuilding group Fincantieri.