Vard lands contracts for up to five offshore vessels
Illustration of the service vessels (Source: Vard)
Fincantieri shipbuilding subsidiary, Vard, has won contracts for up to five offshore wind service vessels from Norwind Offshore, a new company established in Ålesund by Farstad, Volstad and Kleven.
The firm contracts relate to the construction of two Commissioning Service Operation Vessels (CSOVs) based on the Vard 4 19 design and suitable for service and maintenance functions at offshore wind farms. Norwind holds options for two more CSOVs of the same design.
The hull of the first vessel, which is due for delivery in the second quarter of 2023, will be built at Vard’s Romanian yard in Braila, and completed in Norway. The second CSOV will be built at the company’s Vung Tau facility in Vietnam and is due for delivery in the third quarter of 2024.
The third firm contract involves the sale and conversion of an existing Vard platform supply vessel which has been operating in Asia and Australia. The ship is to be converted into a Service Operation Vessel at Brattvaag in Norway and will be recommissioned in the second quarter of 2022.
The three firm contracts have a value of about EUR 140 million.
