Vard, the Norwegian subsidiary of the Fincantieri Group, has signed a new contract for the design and construction of five walk-to-work vessels for over €200m (US$210m).
Diesel-electric design
Each vessel will feature hybrid diesel-electric propulsion systems, which provide future compatibility with known energy sources.
They will be approximately 88m long with a beam of about 19.8m, equipped with a 3D motion-compensated gangway system for offshore access and a 3D motion-compensated crane. The walk-to-work vessels will also feature accommodation for 190 people.
These ships will be built, outfitted, commissioned and delivered from the Vard shipyard in Vũng Tàu, Vietnam. The first four vessels are expected to be delivered in the second half of 2027, with the final unit in the first quarter of 2028.
Offshore support applications
The units are intended to provide supply, maintenance and operational services to offshore platforms in the oil and gas sector. They will be constructed according to Vard’s 3 32 design, which has been developed by Vard in close collaboration with the customer. The vessels are based on Vard’s portfolio of SOV designs, optimized for low fuel consumption, operability and comfort.
Pierroberto Folgiero, CEO and managing director of Fincantieri, commented, “These vessels highlight our commitment to sustainable growth, operational efficiency and crew safety. Integrating advanced technologies and tailor-made solutions, they represent a step forward in our journey toward excellence and sustainability. We are very pleased to further consolidate our role as a trusted partner and leader in the specialized vessels sector, an area fully aligned with our industrial plan for sustainable growth. Crew safety and operational efficiency remain our top priorities.”
In related news, Vard recently 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). Click here to read the full story.