specialised vessels

SINGAPORE (May 12): Vard Holdings, the offshore and specialised vessel builder, has posted a loss of NOK27 million ($4.4 million) for the first quarter ended March 31 compared to a gain of NOK43 million in the same period a year ago.

SINGAPORE (July 22): Daiwa Capital Markets is reaffirming its “sell” recommendation on offshore and specialised vessels manufacturer Vard Holdings with a higher target price of 13.4 cents from the previous 11.8 cents, projecting that the stock could u