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Thursday, March 28, 2024
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Vard News

12 Mar 2024

Huisman to Supply Two Subsea Cranes for Toyo’s New Cable Layer

Toyo's VARD 9 15 design CLV with Huisman cranes (Credit: Huisman)

Dutch company Huisman has secured a contract to supply two subsea cranes for Toyo Construction’s new cable laying vessel (CLV), being built by Norwegian shipbuilder Vard.The contract Huisman signed with Vard is for the delivery of full electric 250 mt Hybrid Boom Subsea Crane, and a 100 mt Knuckle Boom Crane that will be integrated into Toyo’s CLV newbuild.The purpose-built VARD 9 15 design is expected to advance capabilities for cable-laying and turbine foundation installation works in the Japanese offshore wind sector.Designed to meet the specific Toyo’s requirements and preferences of Toyo…

08 Mar 2024

Vard to Deliver Tailor-Made Offshore Wind CSOV for Norwind Offshore

VARD 4 19 CSOV vessel for Norwind Offshore (Credit: Vard)

Norwegian shipbuilder Vard has secured a contract for the design and construction of one tailor-made offshore wind commissioning service operation vessel (CSOV) for Norwind Offshore, with options for two additional vessels.Vard signed the contract with Navigare Capital Partners, a shareholder in Norwind Offshore.The new CSOV vessel, scheduled for delivery in the first quarter of 2026, is of VARD 4 19 design, developed by Vard Design in Ålesund in close collaboration with Norwind Offshore.The hull will be built in Vard Shipyards Romania – Braila and the outfitting…

07 Mar 2024

MacGregor Gets Large Crane Order for Prysmian’s New Cable Layer

Vard cable layer for Prysmian (Credit: Vard)

MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane, a 20T Offshore crane and a 3T deck crane to Prysmian, to equip the Italian owner’s third NB970 CLV from Vard.The crane supply scheduled for the third quarter of 2025.In addition, MacGregor has been contracted to supply its OnWatch solution…

04 Mar 2024

Fincantieri Joins MIT Industrial Liaison Program

Copyright Roman Tiraspolsky/AdobeStock

Fincantieri joined the Industrial Liaison Program (ILP) of the Massachusetts Institute of Technology (MIT), a collaboration that is part of the route towards the implementation of the 2023-2027 Industrial Plan.MIT's Industrial Liaison Program is a program based on the membership of large organizations interested in long-term strategic relationships with the Massachusetts Institute of Technology.The agreement will become part of Fincantieri's commitment to innovate and be at the forefront in the development of new technologies on strategic issues…

28 Feb 2024

New Stern Trawler Delivered to DFFU

(Photo: Vard)

A new stern trawler has been delivered to Deutsche Fischfang-Union GMbB & Co KG (DFFU) from Vard Brattvaag.The vessel, named Berlin, was developed by VARD in close cooperation with DFFU, based on the VARD 8 03 trawler design developed by Vard Design in Ålesund.Baldvin Thorsteinsson and Samuel Rodriguez, Managing Directors at DFFU said, "The delivery of Berlin is pivotal for DFFU, and VARD has done an excellent job. Over the years, VARD has built several technologically advanced vessels, consistently meeting the highest standard with their craftsmanship and innovation.

26 Feb 2024

Serco Joins VARD's Team Vigilance for Canadian Navy Build

(Image: Vard Marine)

Serco has signed on a team assembled by Vard Marine Inc. to replace the Royal Canadian Navy’s (RCN) Kingston Class Maritime Coastal Defense Vessels (MCDV) under Pillar Two of Canada’s National Shipbuilding Strategy.Vard Marine, a Fincantieri company, launched VIGILANCE in 2023 to "provide the RCN with a state-of-the-art, capable, operationally flexible, and globally deployable multi-mission naval vessel" that is designed, built and equipped in Canada.Other Team Vigilance partner companies include Ontario Shipyards…

15 Feb 2024

Vard to Build Cyan Renewables’ SOV for Taiwan’s Offshore Wind Farms

(Credit: Cyan Renewables)

Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a hybrid power service operation vessel (SOV) for the Taiwanese company Cyan Renewables.The news comes after Siemens Gamesa awarded a 15-year charter contract to Cyan Renewables for the SOV that will enter service at Hai Long 2, part of the Hai Long Offshore Wind Project, consisting of Hai Long 2 and 3 offshore wind farms in Taiwan.Siemens Gamesa Selects Contractor for…

12 Feb 2024

Aarseth new GM for Vard Interiors

Birgit Aarseth. Photo: Tone Molnes

Birgit Aarseth has been appointed General Manager for Vard Interiors AS coming from the position as Vice President Operations. Aarseth has been working at Vard Interiors since March 2022, first as Department Manager Interior and then as Vice President Operations.

05 Feb 2024

Vard to Convert IT Infinity PSV to Cable Laying Vessel

IT Infinity (Credit: Vard)

Norwegian ship designed and builder Vard has secured a contract from I.T. International Telecom Marine (IT) to convert its platform supply vessel (PSV) IT Infinity into a cable laying vessel (CLV).The PSV was built at Vard Brattvaag and delivered to Volstad Maritime in 2008 under the name Volstad Princess.SD Standard Drilling acquired the vessel in 2017 before it was sold to IT in 2021 and was renamed IT Infinity.The work will be carried out by Vard Brattvaag in Norway and the vessel will be delivered in the third quarter of 2024…

02 Feb 2024

Indian Shipyard to Build North Star’s Offshore Wind SOV

North Star's new SOV (Credit: North Star)

North Star has confirmed that India-based Cochin Shipyard will build its new hybrid-electric service operations vessel (SOV), bound for EnBW on a decade-long minimum charter at offshore wind farm in Germany.The contract award for Cochin Shipyard follows the one secured by North Star from EnBW on February 1, 2024, which outlines the engagement of the SOV at the He Dreiht offshroe wind farm.The hybrid-electric newbuild is of VARD 407 design which has been tailored to meet EnBW’s…

02 Feb 2024

North Star to Deliver Hybrid-Electric SOV for German Offshore Wind Farm

North Star's new SOV (Credit: North Star)

North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.The agreement marks the company’s first offshore wind move outside the UK market, a milestone mark in its ambitious European growth strategy to add 40 new SOVs to its fleet by 2040.The newbuild is of VARD 407 design which has been tailored to meet EnBW’s specific…

25 Jan 2024

Vard Delivers Ammonia-Ready Armada Vessel to Ocean Infinity

(Credit: Vard)

U.S.

08 Feb 2024

Windward Offshore Orders Two More CSOVs from Vard

(Image: Vard)

Windward Offshore has exercised its option for the design and construction for two additional hybrid commissioning service operation vessels (CSOV) from Vard.Windward Offshore, a consortium led by ASSC's offshore arm SeaRenergy Group in Germany, announced its initial order for two CSOVs from Vard in October 2023. Other founding partners behind the venture include Blue Star Group, Diana Shipping Inc. and SeraVerse."Windward Offshore is pleased to announce the execution of the options for two further VARD 4 19 CSOVs…

18 Jan 2024

Brunvoll to Deliver Propulsion System for Toyo’s Hybrid Cable Layer

(Credit: Vard)

Brunvoll has signed a contract with Vard for the delivery of propulsion and maneuvering system for Toyo Construction’s new cable laying vessel.Toyo Construction’s new vessel will have three azimuth propulsion thrusters in the aft of the vessel. The foreship of the vessel will have two tunnel thrusters and a retractable azimuth thruster.Furthermore, the vessel will feature Brunvoll’s control system for propulsion and maneuvering, BruCon PTC.In December 2023, Vard, a Norwegian subsidiary of the Fincantieri Group…

15 Jan 2024

NKT Orders $270M Cable Layer from Vard

(Credit: Vard)

Norwegian ship designer and builder Vard has confirmed the Danish subsea cable company NKT is behind the order for the construction of the new cable laying vessel.The contract, valued between $218-270 million (€200-250 million), was signed mid December 2023 by Vard and NKT HV Cables, a Swedish-based turn-key power cable manufacturer and installation company, which is part of NKT.The hull for the cable laying vessel will be built at Vard Tulcea in Romania and outfitted and delivered…

08 Jan 2024

Seaspan LNG Bunkering Vessel Launched

(Photo: Seaspan)

Seaspan Energy announced the launch of Seaspan Garibaldi, the first of three 7,600m3 liquefied natural gas (LNG) bunkering vessels being built by CIMC Sinopacific Offshore & Engineering (CIMC SOE) in China.The newbuild is named after Mount Garibaldi, or “Nch’ḵay̓” as the Squamish Nation has known it for thousands of years. This series of vessels will be named after iconic West Coast mountains and the first two vessels will be delivered in 2024 with the third vessel arriving in 2025.The Seaspan Garibaldi will be based in the Panama region…

28 Dec 2023

USCG's New Cutters Can’t Arrive Soon Enough

(Photo: Brandon Giles / U.S. Coast Guard)

The much-needed replacement for the U.S. Coast Guard’s long-serving medium endurance cutters (WMEC) took a giant step closer to joining the fleet as the first Offshore Patrol Cutter (OPC) was launched and christened at Eastern Shipbuilding Group (ESG) in Panama City, Fla. on October 27, 2023.The future USCGC Argus (WMSM 915) was christened by the ship’s sponsor, Captain (Ret.) Beverly Kelley, the first woman to command a U.S. military vessel, the 95-foot patrol boat, USCGC Cape Newagen (WPB 95318).

28 Dec 2023

Island Offshore Lines Up Long-term Work for Island Condor

(Photo: Kongsberg Maritime)

Norwegian shipowner Island Offshore announced it has secured long-term employment for its offshore support vessel Island Condor, commencing in autumn 2024."This is a fantastic Christmas gift for the company! We have worked purposefully to secure longer assignments and are grateful for the trust the customer has shown us," said Tommy Walaunet, managing director of Island Offshore Management AS.Having worked as a walk-to-work vessel in the British sector for many years, apart from Norwegian projects in the past year…

21 Dec 2023

Fincantieri Lands $250M Order from Prysmian for New Cable-Laying Vessel

(Credit: Vard)

Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a cable-laying vessel for Prysmian Group valued at $250 million.This is the third cable-laying vessel Vard is building for Prysmian Group after vessels Monna Lisa, currently under construction, and Leonardo da Vinci, which was delivered in 2021.According to the companies, the new unit will consolidate the widest fleet in the industry.The cable-laying vessel will be an evolution of the Monna Lisa class.

15 Dec 2023

Edda Wind Secures Green Financing for Newbuild Program

(Image: Edda Wind)

Edda Wind announced it has entered into a green term loan facility agreement for the pre- and postdelivery financing of four new commissioning service operation vessels (CSOV) under construction at Vard.The agreement is a €161 million green loan facility with Crédit Agricole Corporate and Investment Bank, Danske Bank A/S, DNB Bank ASA and SpareBank 1 SR-Bank ASA, with expiry in 2029 and a profile of 12 years. The facility corresponds to a leverage ratio of 60% of the total ready…

15 Dec 2023

Vard Confirms Cable Layer Order

Vard Tulcea in Romania (File photo: Vard)

Norwegian ship designer and builder Vard on Friday announced it has signed a contract to construct a cable laying vessel for an undisclosed customer. The value of the contract is between EUR 200 – 250 million.The vessel is designed by Norwegian company Salt Ship Design AS. The hull for the vessel will be built at Vard Tulcea in Romania and outfitted and delivered from one of Vard’s yards in Norway in Q4 2026. Vard said it will announce further information about the contract at a later stage

11 Dec 2023

Vard inks Deal on $200m Hybrid Cable Layer

Vard, the Norwegian subsidiary of the Fincantieri Group, signed a contract for $200m to design and build a customized hybrid cable-laying vessel for Japan's Toyo Construction. Image courtesy Fincantieri

Vard, the Norwegian subsidiary of the Fincantieri Group, signed a contract for $200m to design and build a customized hybrid cable-laying vessel for Japan's Toyo Construction.The hybrid cable vessel will have a design specifically developed for custom needs to meet the growing Japanese offshore wind farm market and will also be able to operate worldwide. It will have an optimal hull design to suit natural and construction conditions in Japan, allowing it to be used in both shallow…

17 Nov 2023

Vard Vung Tau Delivers SOV for Dogger Bank Operations

Grampian Tees - Credit:Vard

Vard, a Norwegian firm specializing in shipbuilding and design, said Friday its subsidiary in Vietnam, Vard Vung Tau, had delivered a newbuild 944 Grampian Tees service operation vessel to owner North Star.This SOV is the third of four purpose-designed and built ships destined for decade-long minimum charters to support operations and maintenance (O&M) work at the Dogger Bank offshore wind farm.Once the wind farm currently under construction is fully operational, it will become the largest in the world, producing enough electricity to power six million British homes.