Trieste

Fincantieri wins $1.1-billion contract for four ships

Biggest order ever for Vard subsidiary

Fincantieri wins $1.1-billion contract for four ships

Trieste, August 12 - Italy's State-owned ship builder Fincantieri has won a $1.1-billion contract to build four ships through its Norwegian subsidiary Vard, the company announced Monday. The order for the offshore pipe-laying vessels comes from the joint venture DOF Subsea-Technip. It is the most significant order for Vard to date.

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