VARD Secures Contracts for the Design & Construction of 2 Service Vessels

Source: 4/14/2022, Location: Europe

VARD, one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that Norwind Offshore in Norway has declared options for the design and construction of two Commissioning Service Operations Vessels (CSOVs). The parties have also agreed on new options for two additional vessels.

Developed in close cooperation with the customer
VARD is pleased to announce that Norwind Offshore has declared options for the design and construction of the two additional Commissioning Service Operations Vessels (CSOVs) which was a part of the contracts released in October 2021.

The new vessels are of VARD 4 19 design, developed by Vard Design in Ålesund in close cooperation with the customer. The CSOVs are scheduled for delivery in 1Q 2024 and 2Q 2025. The first vessel will be equipped and delivered by Vard Brattvaag in Norway. The hull will be built by Vard Braila in Romania. The second vessel will be built and delivered by Vard Vung Tau in Vietnam.

A contribution to the Green Transition
Norwind Offshore has already two newbuildings under construction at VARD, in addition to the conversion of a Platform Supply Vessel (PSV) which are being converted to a Service Operation Vessel (SOV).

Svein Leon Aure, CEO in Norwind Offshore is proud of their new fleet under construction at VARD:
“We are pleased to have secured two additional sister vessels from VARD in our new build program, which will be vessels number four and five in the Norwind Offshore fleet.

The positive feedback from offshore wind operators, both on these state-of-the-art vessels and Norwind Offshore’s operational model, has been exceptionally strong. This has enabled us to execute on our growth strategy and the additional vessels represent an important milestone on our path to become a leading pure play offshore wind company.

We are also delighted to have secured a contract for our first vessel from VARD, the Norwind Breeze, with one of the major operators within the offshore wind market. The vessel will go directly on hire upon delivery in May from Vard Brattvaag in Norway.

It is a huge motivation to be able to contribute to the Green Transition from within the maritime cluster.”

These contracts are important steps for delivering on our new strategy in VARD and

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