Vard, the specialist Norway-based shipbuilder that owner Fincantieri aims to delist, focuses on creating tailor-made vessels through its two design companies.

Kjell Morten Urke, vice president of concept design, says Vard's portfolio has expanded rapidly in the wake of the offshore slump.

“Tailor-made is our speciality,” Urke says. “We’ve sold 185 exclusive designs since we started [in 2000], the majority for our own yard system.”