Vard Confirms Contracts for Ponant Quartet

Image Courtesy: VARD

Norwegian shipbuilder and ship designer Vard Holdings Limited (VARD) has confirmed that contracts for the construction of four luxury expedition cruise vessels for French cruise company Ponant have become effective.

In March this year, the two companies signed a Letter of Intent that was subject to several conditions including satisfactory financing.

At the end of June, the duo entered into shipbuilding contracts that have now become effective.

The confirmation of the contracts marks the company’s official entry into the cruise shipbuilding sector. Until now, the shipbuilder’s main focus was designing and construction of offshore and specialized vessels.

The ice-class expedition cruise vessels will be 131 meters long and 18 meters wide. With a cruise speed of 15 knots, the ships will have a gross tonnage of 10,000 tons. In addition, each vessel will be able to accommodate 180 passengers and 110 crew.

The hulls will be built at Vard Tulcea in Romania. The first cruise ship is expected to be delivered in summer 2018 and the last in summer 2019, from Vard Søviknes in Norway.

VARD, a subsidiary of Fincantieri, owns and operates ten shipbuilding facilities including five in Norway, two in Romania, two in Brazil, and one in Vietnam.

Ponant, part of Artemis Group, is headquartered in Marseille, France. The company currently operates a fleet of five vessels.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2017 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

DSM17

Donsö Shipping Meet 2017 is an all inclusive exhibition. Meals, electricity, meeting schedule and banquette dinner is included…

read more >

TOC Europe

TOC (The Terminal Operations Conference) has long been considered best in class by container terminal operators and their suppliers…

read more >

Marine Philippines 2017

The 4th edition of PHILIPPINES MARINE 2017, SHIPBUILD PHILIPPINES 2017 and OFFSHORE PHILIPPINES 2017 is the only specialized Shipbuilding…

read more >

Bunkering Week 2017

IBC’s biennial Bunkering Week is back with its successful series of 3 co-located events: 8th Bunkering in Asia, 4th LNG Bunkering and EMTECH: Ship Emissions Technology Conference.

With a proven track record of bringing together top decision makers from various industry sectors, this remains the go to event for ship owners, fuel suppliers, traders and technology solution providers. Get in-depth and detailed market insights from experts who are taking the decisions, assess peer strategies and give shape to your own in this unrivalled gathering of shipping and marine fuel industry leaders.

Key Highlights for 2017:

* 3 Co-located Conferences

* 12+ Hours of Networking Time

* In-depth Review of Shipping Markets by Segment

* Ship Owner Positions on Emissions Compliance Scenarios

* Pricing Differentials and Availability across Different Fuels

* Technology and Analytics in Fuel Management and Emissions MRV

More info

read more >