Written by
Nick Blenkey
Picture: Vard
With offshore wind farm growth creating the necessity to lay numerous cable, demand for cable layers can solely be anticipated to develop. One beneficiary of that is Fincantieri’s Norwegian subsidiary Vard. Right this moment, got here information that it has signed a contract price EUR 200 million to EUR 250 million (about $218 million to $272 million) to construct a cable laying vessel for a thriller purchaser described solely as an “undisclosed worldwide buyer.”
The order comes lower than one week after Vard’s announcement of its win of a contract price greater than $200 million to design and assemble a hybrid-powered cable-laying and development vessel for Japan’s Toyo Development (see earlier story).
Whereas the Toyo vessel can be constructed to a Vard design, the ship ordered by the thriller purchaser can be designed by Norway’s Salt Ship Design AS.
As with the Toyo cable layer, the hull of this newest vessel can be constructed at Vard’s Tulcea, Romania, shipyard with oufitting being carried out at one Vard’s Norwegian yards. Supply is about for fourth quarter 2026
