Vard Secures Deal to Build Another CSOV for Norwind Offshore
Vard, Norwegian subsidiary of the Fincantieri Group, has signed a new contract for the design and construction of one tailor-made Commissioning Service Operation Vessel (CSOV) for Navigare Capital Partners.
The contract, established in close collaboration with Norwind Offshore in which Navigare Capital Partners holds a shareholding position, represents the first option to be exercised from the agreement signed in March 2024.
In addition to this contract, Vard and Navigare Capital Partners have also agreed on two new options where the first one can be declared later in 2024, and the second one in 2025.
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.
Tailor-made to support offshore wind farm operations, 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).
The 85-meter-long vessel, with a beam of 19.5 meters, will 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.
The vessel will also feature advanced battery solutions, and will be capable of accommodating 87 people.
