Farstad Shipping has announced today the signing of a NOK 825 million newbuild contract with VARD for a Subsea IMR vessel. Farstad notes the hull will be built by Vard’s...

A 50/50 joint venture between DOF Subsea and Technip has just won a USD $3.4 billion contract from Petrobras for the construction and operation of four new pipelay support vessels...

Farstad has just accepted delivery of the platform supply vessel Far Starling (STX PSV08 CD), recently built at Vard Vung Tau shipyard in Vietnam. A long-term facility has been drawn...

New "OVERDRILL" design promises increased variable deck load capacity, reduced overall dimensions, and increased efficiency.

The specialized and offshore vessel designer and shipbuilder formerly known as STX OSV Holdings Limited will now be officially known as VARD, the company said in a statement Tuesday. VARD...