Maritime Monitoring

MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy and Marine. The vessels are being built to VARD 9 21 design, specially developed by Vard Design to navigate shallow river systems as they transport modules for oilfields in Kazakhstan through the Russian waterways. Measuring 123 m by 16.5 m, the vessels are designed to carry high deck loads of up to 1800 tons.…