Vard Holdings Limited is an investment holding company. The Company also provides support services to its subsidiaries, including the provision of performance and repayment guarantees on the construction contracts. The Company is engaged in designing and building offshore support vessels and other specialized vessels and operates 10 shipyards. It is engaged in trading, design, shipbuilding, electrical installations and piping system. It designs and builds anchor handling tug supply vessels (AHTS), offshore subsea construction vessels (OSCV), offshore patrol vessels, fishing vessels, such as stern trawlers, and other specialized vessels, such as research and coast guard vessels, special purpose cable layers, seismic vessels and icebreakers. Its SeaQ solutions include the SeaQ Power, SeaQ Control, SeaQ Bridge, SeaQ cabin and other equipment.