Friday, March 13, 2015


Vard: Vard has been hit by a rather significant delivery delay request, withfour out of five vessels under construction for Island Offshore at VardBrevik delayed for an average of six months. These four are worth NOK2b, making up 11.3% of the outstanding orderbook. This is the first delivery delay request and RHB does not expect it to be the last.

RHB maintains NEUTRAL and $0.52 TP.

No comments:

Post a Comment