Vard Holdings says a contract for a krill fishing vessel newbuilding from Norway’s Aker BioMarine has been confirmed.
The contract was announced on 14 February, but was subject to certain conditions, including customary financing conditions.
“All conditions have now been fulfilled and the contract has become effective,” the Singapore-listed shipbuilder said in a statement.
At the time of the contract announcement Aker BioMarine was said to be seeking finance through the Norwegian Export Credit Guarantee Agency (GIEK).
