Vard Holdings has finally managed to hive off another one of its orphaned diving support and construction vessels (DSCVs) with a sale to an undisclosed international customer. Sale price was also not disclosed.

Vard Holdings has signed a NOK250m ($29.6m) deal with Yara to build the world’s first autonomous and electric container vessel, scheduled to be launched in early 2020.

Vard Holdings has won a contract to build two of two freight-and-service vessels for FSV Group in Norway. 

Specialized vessels shipbuilder Vard Holdings is riding on the cutting edge of new technology with the sealing of a contract for the design and construction of what is believed to be the world’s first electric hybrid cruise icebreaker with dual fuel propulsion, featuring high-capacity batteries and LNG storage on board.

Offshore shipbuilder and designer Vard Holdings has warned of ‘inherent risks’ in its offshore projects as the company continues with its efforts to diversify its product portfolio in view of protracted weakness in the offshore market.

Italian shipbuilder Fincantieri has received recommendation from independent financial adviser KPMG Corporate Finance to take Singapore-listed Vard Holdings private.

Topaz Energy and Marine has tagged two additional module carrier vessels onto a $300m order for 15 identical sisterships from Norwegian-headquartered shipbuilder Vard.