<div class=newsTextDataWrapInner><p>SINGAPORE (Sept 13): Vard Holdings, the ship designer and builder, has secured a new equipment and electrical installation contract with India’s top public sector shipyard, Cochin Shipyard worth NOK 150 million (S$24.7 million)</p></div>

<div class=newsTextDataWrapInner><p>The contract involves engineering support in the approval process, delivery of propulsion and automated systems, as well as generators and electrical installation for a government of India vessel.</p></div>

<div class=newsTextDataWrapInner><p>Vard’s subsidiary, Vard Electro will provide the engineering and installation services for the project, while building up the company’s engineering and production capabilities in India.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>”We are very pleased to have been chosen by Cochin Shipyard to supply the electrical and propulsion systems for this project, and look forward to a close cooperation where the two companies together deliver the best product for the end customer,” says Peter Pilskog, vice president of sales and marketing, Vard Electro.</p></div>

<div class=newsTextDataWrapInner><p>“This contract shows that VARD’s know-how in electrical engineering and system integration is both sought-after and competitive in the international marketplace,” he adds.</p></div>

<div class=newsTextDataWrapInner><p>Vard shares last traded at 15 cents.</p></div>


SINGAPORE (Sept 13): Vard Holdings, the ship designer and builder, has secured a new equipment and electrical installation contract with India’s top public sector shipyard, Cochin Shipyard worth NOK 150 million (S$24.7 million)

The contract involves engineering support in the approval p...

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