VARD Signs Contract for Advanced Energy Construction Vessel for Wind Energy Construction AS

VARD Signs Contract for Advanced Energy Construction Vessel for Wind Energy Construction AS

(IN BRIEF) VARD, a subsidiary of the Fincantieri Group, has signed a contract to design and build an advanced Energy Construction Vessel (ECV) for Wind Energy Construction AS, with delivery slated for Q2 2027. The vessel, built at Vard Vung Tau shipyard in Vietnam, will support offshore wind and subsea markets. This is the sixth vessel ordered by Norwind Offshore founders from VARD.

(PRESS RELEASE) TRIESTE, 6-Aug-2024 — /EuropaWire/ — VARD, the Norwegian subsidiary of the Fincantieri Group and a leading company in the construction of specialized vessels, has secured a contract to design and build a state-of-the-art Energy Construction Vessel (ECV) for Wind Energy Construction AS, a Norwegian company co-founded by the founders of Norwind Offshore AS. The agreement also includes an option for an additional vessel.

Scheduled for delivery in the second quarter of 2027, the new ECV will be constructed, outfitted, commissioned, and delivered from the Vard Vung Tau shipyard in Vietnam. The vessel will measure 111.5 meters in length and 22.4 meters in beam, and it will accommodate up to 120 people. Based on the VARD 3 11 design, the vessel is specifically tailored for the offshore wind and subsea markets, performing tasks such as inspection, maintenance, and repair of pipelines, as well as the construction and installation of infrastructure both above and below sea level.

This vessel will be VARD’s first to feature a permanently installed Electric Controlled Motion Compensated (ECMC) gangway with integrated 3D-compensated crane capabilities. Additionally, it will be equipped with a 150-ton motion-compensated offshore crane, enhancing its support for the growing renewable energy market.

This order marks the sixth vessel that the owners of Norwind Offshore have commissioned from VARD, following five Commissioning Service Operation Vessels (CSOV) previously delivered.

Pierroberto Folgiero, CEO and Managing Director of Fincantieri, stated, “This new order further confirms our technological and industrial leadership in the offshore wind sector, which is experiencing robust growth and offers promising prospects. Fincantieri is at the forefront, thanks to our innovative solutions. We will continue to prioritize innovation and energy transition as fundamental pillars of our commitment, in line with our Industrial Plan.”

Fincantieri is one of the world’s largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component equipment, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems. With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centers in Italy, where it employs 10,000 workers and creates around 90,000 jobs, doubling the employment figure worldwide thanks to a production network of 18 shipyards operating on three continents employing over 21,000 direct workers.

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SOURCE: FINCANTIERI S.p.A.