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Vard sets up new subsidiary in Canada

Vard sets up new subsidiary in Canada
Global offshore vessels designer and builder Vard Holdings has established a new subsidiary for ship design, engineering and sales activities in Canada.

Vard Marine Inc will provide solutions for offshore and specialised vessels such as offshore support, subsea construction and naval vessels as well as ferries and passenger vessels.

Öur establishment in Canada is Vard's first foothold in North America. We are now ready to build new relations and position ourselves as a major player in an interesting region with large opportunities,”said Roy Reite, ceo and executive director of Vard.