Port News & Information Mediterranean, Black & Caspian Seas
Source: Fincantieri SpA

VARD reports high activity in Romanian shipyards

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Tulcea, Romania (Ports Europe) March 2, 2018 – Vard Holdings Limited, part of Fincantieri S.p.A., has reported its financial results for q4 2017. Higher revenue of NOK 8.60 billion (€8.953 million) in FY 2017 was partly due to high yard activity in Romania and Vietnam. VARD operates a shipbuilding year in Tulcea and Braila, Romania. Vard…

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