VARD is one of the world's leading designers and builders of specialized vessels. Headquartered in Norway with about 8,000 employees, VARD operates shipyards in Norway, Romania, Brazil, and Vietnam. Through its specialized subsidiaries, VARD develops power and automation systems, deck handling equipment, vessel accommodation solutions, and provides design and engineering services to the global maritime industry.
VARD's long shipbuilding traditions, cutting-edge innovation, global operations, and proven expertise in constructing complex, highly customized vessels have earned recognition across the industry and built strong customer relationships.
Fincantieri Oil & Gas S.p.A. is VARD's majority shareholder. FINCANTIERI is one of the world's largest shipbuilding groups, a global leader in cruise ship design, and a key player in high-tech shipbuilding. With over 230 years of history and over 7,000 ships built, the Group has 18 shipyards across four continents and over 20,000 employees.