Vard, Norwegian subsidiary of the Fincantieri Group, and Norwegian shipping group Island Offshore have signed a contract for the design and construction of one hybrid-powered ocean energy construction vessel (OECV).
Hybrid-powered ocean energy construction vessel
This 120m vessel will have a beam of 25m and an offshore subsea crane of 250 tons, and will accommodate 130 people on board. It will be prepared for alternative low-emission fuel.
The design of the ship, to be delivered in 2027, reportedly enables flexible configuration depending on the specific operations the vessels will perform. It will undertake subsea operations, including inspection, maintenance and repair, pipe laying, subsea infrastructure construction and installation, and diving support and will carry equipment for remotely operated underwater inspection.
Long-standing partnership
The parties have also agreed on an option for two more vessels. Vard has already delivered 41 vessels to Island Offshore.
Pierroberto Folgiero, CEO and managing director of Fincantieri, said, “This order further confirms the group’s and Vard’s leadership in the offshore and specialized vessels segment, which continues to record a solid performance after its acceleration in the past months. This type of unit can perform a wide range of subsea operations, thus strengthening our Group’s role in the underwater domain with state-of-the-art technologies, as envisaged in our business plan.”
In related news, Vard also recently signed a contract for the design and construction of a hybrid-power service operation vessel (SOV) for Cyan Renewables, an offshore wind vessel operator in Asia. Click here to read the full story