SINGAPORE (Nov 27): Vard Holdings, which has received a privatisation offer from its majority shareholder, has secured contracts for the design and construction of two offshore fish-farming operation platforms for Cermaq Norway.

Built according to the Vard 8 54 design, the vessels will be developed by Vard Design and Vard Aukra in close cooperation with Cermaq Norway.

The two platforms are specially designed for fish-farming operations in harsh environment, and have a capacity for 600 tons of fish feed, as well as separate areas for storage, veterinary services, workshop and accommodation for a crew of eight people... (Click here to read the full story.)