Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a new contract with Navigare Capital Partners, in collaboration with Norwind Offshore, for the design and construction of one tailor-made commissioning service operation vessel (CSOV).
Advanced technological systems
The vessel will be 85m long, with a beam of 19.5m, and will feature advanced battery solutions. It will also be equipped with advanced technological systems, including a height-adjustable motion-compensated gangway with an elevator system, a 3D crane and a height-adjustable boat landing system, ensuring superior operability and logistical efficiency. Capable of accommodating 87 personnel, the vessel will be designed for both safety and comfort, providing a highly efficient working environment for global offshore wind farm activities.
The new unit, based on the Vard 4 19 design, will be delivered in the second quarter of 2027 from Vard’s shipyard in Vung Tau, Vietnam. This vessel will be the sixth CSOV that Vard has delivered to Norwind Offshore, in addition to an energy construction vessel and the conversion of a platform supply vessel (PSV) to a service operation vessel (SOV).
Partnership contract
This contract, established in collaboration with Norwind Offshore, is a continuation of Vard’s long-standing relationship with the two parties and represents the first option to be exercised from the agreement signed in March 2024. In addition to this contract, Vard and Navigare Capital have also agreed on two new options, where the first one can be declared later this year, and the second one in 2025.
Pierroberto Folgiero, CEO and Managing Director of Fincantieri, commented, “We are proud to strengthen our partnership with Norwind Offshore and Navigare Capital Partners through this contract. It underscores Fincantieri’s commitment to sustainable innovations in the offshore wind sector, an area where we continue to invest and excel.
“The advanced technology and tailor-made solutions embedded in this vessel highlight our dedication to operational efficiency and environmental responsibility, crucial elements as we contribute to the global energy transition.”
In related news, Vard recently signed a contract for the design and construction of one hybrid-powered ocean energy construction vessel (OECV). Click here to read the full story.