Independent journal on economy and transport policy
07:44 GMT+1
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STX OSV assumes new denomination VARD
the proposal of change of the corporate name will be subordinate to the assembly of the shareholders that will hold to April
March 5, 2013
STX OSV Holdings Ltd., quoted shipbuilding society to the Stock exchange of Singapore that has been born in 2010 with the scorporazione from group STX Europe of the activities to service of the offshore industry and that recently it is passed under the control of the navalmeccanico group Italian Fincantieri ( on September 30, 2010, 2123Decembers 2012 and January 2013), it has assumed new commercial denomination VARD. The proposal to assume the same denomination which corporate name of STX OSV Holdings Ltd. she will be subordinate to the assembly of the shareholders that will hold the next month.
The new name - it has explained the society - drift from the Norwegian word "varde" that it identifies the small stone towers anciently used which sign for long navigation the coasts. The new denomination - it has emphasized the managing director of VARD, Roy Reite - transmits a flexibility and importance, force and stability sense. What more meaningful, so reflects our long Norwegian tradition as our position of leader to total level in the offshore field and of the section of the specialistic ships. From the beginning of the project, the objective has been that to find a name that it was in its short entirety, strong, innovative and marine. VARD satisfies all these requirement".
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STX OSV Holdings Ltd., quoted shipbuilding society to the Stock exchange of Singapore that has been born in 2010 with the scorporazione from group STX Europe of the activities to service of the offshore industry and that recently it is passed under the control of the navalmeccanico group Italian Fincantieri 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
