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Vard contracted to build two vessels for French cruise company

Michelle Zhu Published on Wed, Mar 07, 2018 / 7:22 AM GMT+8

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SINGAPORE (Mar 7): Vard Holdings has secured contracts for the design and construction of two luxury expedition cruise vessels for French cruise company Ponant, a subsidiary of Artemis Group.

The value of the contracts were not disclosed.

In a Wednesday release, the shipbuilder says the two new vessels will be identical to the series of four vessels it was contracted to build for Ponant in 2016, which were designed for voyages to tropical destinations and remote ports only accessible to small capacity ships.