Towards Financial Freedom
Vard Holdings (S$1.055) Secured repeat contract
Vard Holdings has secured contract amounts to approximately 400mil Norwegian krone (S$85.3mil) from repeat customer Island Offshore, for the construction of one advanced offshore support vessel. The delivery is scheduled from Vard Brevik in Norway in 3Q14. The hull will be delivered from Vard Braila in Romania.
Source: The Business Times / Bloomberg / Straits Times
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