Trieste, VARD, Fincantieri’s subsidiary and one of the major global designers and shipbuilders of specialized vessels, signed an important contract for the design and construction of a sophisticated unit for the company P/F Akraberg, part of the Framherji group, one of the leading and most innovative fishing companies in the Faroe Islands.
The hull of the vessel will be built at the Romanian yard of the Group in Braila, while the final outfitting and the delivery of the unit, scheduled in the first quarter of 2022, will be carried out by the Norwegian yard of Brattvaag.
The contract, worth about 50 million euros, falls within Vard’s diversification strategy put in place over the past few years, following the downturn of Oil&Gas market. In this context, Vard is finalizing another important contract, which will mark its entry in a new and promising market segment.
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