Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/vard-subsidiary-seaonics-secures-large-equipment-c.shtml

VARD subsidiary SEAONICS secures large equipment contract

Singapore-listed offshore and specialised shipbuilder Vard Holdings Limited (VARD), through its specialised subsidiary

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Vard Holdings Limited-4

Singapore-listed offshore and specialised shipbuilder Vard Holdings Limited (VARD), through its specialised subsidiary SEAONICS, it has secured a large equipment contract for a vessel under construction at FINCANTIERI S.p.A. in Italy.

• SEAONICS designs and manufactures offshore handling equipment to improve all critical lift and handling operations

• Its products are used in subsea construction, module handling, well intervention, reservoir exploration, ocean trawling and other specialised applications in the offshore and marine industries

• The new contract is the largest to date for SEAONICS, and comprises a complete package of winches, deck cranes, and overboarding systems including A-frames and Launch and Recovery Systems (LARS) for a polar research vessel currently under construction at FINCANTIERI S.p.A. in Italy

Tags: Vard Holdings Limited (VARD)