Vard Holdings has won a deal to design and build a krill fishing vessel for Aker BioMarine in Norway.

The ship will be specifically built for undertaking sustainable fishing operations in Antarctica, and is set to incorporate the new VARD 8 10 design.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The proposed 130-long, 23m-wide vessel will be also equipped with environmentally friendly technologies. Delivery of the vessel is scheduled by the final quarter of the next year.

Vard has not disclosed the value of the latest order, which is subject to certain conditions, including customary financing requirements.

Aker BioMarine production and supply chain EVP Webjørn Eikrem said: “The new krill vessel will be equipped with the latest and most advanced technology.

“All plans and specifications are developed in cooperation with fishermen from Aker BioMarine and engineers from Vard.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The vessel’s operations will be energy efficient, with a bio-refinery capable of processing raw krill material in the Antarctic.”

"The vessel’s operations will be energy efficient, with a bio-refinery capable of processing raw krill material in the Antarctic."

Vard is planning to build the hull of the new krill fishing vessel in Tulcea, Romania.

The company currently operates five shipbuilding facilities in Norway, two in Romania, and one each in Brazil and Vietnam.

Vard announced last month that it had signed a letter of intent to design and build an expedition cruise vessel for an undisclosed cruise company.

The 145m-long, 20m-wide vessel will measure will accommodate 220 passengers, and is scheduled to be delivered by 2019.

Image: Krill fishing vessel. Photo: courtesy of Vard.