Contracts Confirmed for the Construction of 2 Viking Cruises Ships

   July 25, 2018 ,   Cruise Industry

Vard Holdings Ltd (subsidiary of Fincantiery) announced that the contracts for the design and building of two ships for Viking Cruises had been confirmed. The total value of the contract is approx NOK 5 billion (US$611 million).

A Letter of Intent (“LOI”) was announced on April 4, with parties' common intention to enter into the final contract by the middle of the year. The contracts for 2 new vessels have now become effective.

Viking Cruises ships

The new contracts were entered into in the ordinary course of company's business and are not expected to have material impact on the per-share earnings or the net tangible assets per share for the current financial year. 

Your personal data will be processed and information from your device (cookies, unique identifiers, and other device data) may be stored by, accessed by and shared with third party vendors, or used specifically by this site or app. Some vendors may process your personal data on the basis of legitimate interest, which you can object to by managing your options below. Look for a link at the bottom of this page or in our privacy policy where you can withdraw consent.