Vard Electro signs service agreement with Aker QRILL Company.
14.11.2025 08:26:02 CET | Vard Group | Press release
Vard Electro, a subsidiary of the Fincantieri-owned Vard Group, has entered into a three-year service level agreement (SLA) with Aker QRILL Company, a global leader in sustainable krill harvesting. The contract covers a fleet of four krill harvesting vessels and two cargo vessels, ensuring reliable service and support across their operations.
A central part of the agreement is fleet-wide spare parts coverage, providing timely access to critical components and flexible delivery across operating regions. This framework strengthens uptime and operational planning across the company’s vessels, no matter where they are operating.
The SLA also includes annual preventive maintenance, technical support, and crew training for Antarctic Endurance, a state-of-the-art krill harvesting vessel delivered by VARD in 2019 and equipped with a complete SeaQ package covering bridge, automation, power and communications systems. Operating year-round in the extreme conditions of the Antarctic Ocean, the vessel relies on uninterrupted system performance. Training ensures that crew can perform essential replacements during long deployments, minimizing downtime and safeguarding continuity.
- Operating in the Antarctic Ocean demands both robust technology and dependable service. This agreement with Vard Electro ensures access to the support and spare parts our fleet requires, while Antarctic Endurance receives dedicated maintenance and technical follow-up, says Sindre Skjong, Chief Projects & Operations Officer, Aker Qrill Company.
With scheduled maintenance and guaranteed response times, the SLA provides a structured framework for efficiency and resilience, reducing the risk of unexpected failures.
- A service level agreement is first and foremost a long-term partnership. It allows us to work side by side with our customers, building trust and ensuring predictable operations so they can focus on safe and efficient performance, says Francisco Lima, VP Retrofit & Service in Vard Electro.
- With our global reach and lifecycle approach, Vard Electro is positioned to support a vessel, or an entire fleet, from delivery through daily operations and well into the future, Lima continues.
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Contacts
Anne-Bente SkjellumVard Group
Tel:+47 70 31 12 94Tel:+47 91 55 96 66anne-bente.skjellum@vard.comMartine MoldestadVard Electro
Tel:+47 45 48 93 77martine.moldestad@vard.comImages
About Vard Electro
Vard Electro is an international supplier and integrator of marine electrical systems, and a subsidiary of the Fincantieri owned Vard Group. The company provides flexible turnkey solutions covering design, engineering, installation, and lifetime services. Through the in-house developed brand SeaQ, Vard Electro offers a portfolio of modular and integrated solutions within electrical power, automation and control, navigation, remote operations, and communication, developed in collaboration with shipowners and operators to support reliable, and efficient vessel operations. Headquartered in Norway, Vard Electro has facilities and service hubs worldwide.
Fincantieri Oil & Gas S.p.A, a wholly owned subsidiary of FINCANTIERI S.p.A. Headquartered in Trieste, Italy, is majority shareholder of VARD with around 98 % of the shares. FINCANTIERI is one of the world’s largest shipbuilding groups, and a global leader in cruise ship design and reference player in all high-tech shipbuilding industry sectors. With over 230 years of history and more than 7,000 ships built, the Group today has a production network of 18 shipyards operating in four continents and over 20,000 employees.
About Aker QRILL Company
Aker QRILL Company is an Antarctic krill-harvesting company dedicated to improving health across species. We develop krill-based ingredients for nutraceutical, aquaculture, and animal feed applications, backed by rigorous science and research into krill’s benefits. Sustainability is at the core of our operations, rooted in world-class standards. The company develops krill-based ingredients for aquaculture (QRILL™ Aqua), animal feed applications (QRILL™ Pet), and nutraceutical human health products.
The shore-based organization has over 80 employees worldwide presented at our headquarter in Fornebu, Offshore Department in Aalesund, warehouse in Montevideo and sales-and marketing offices in Uruguay, Chile, India, China, Singapore, Thailand, and France. Furthermore, we have 450 crew members of multiple nationalities.
Innovation is at the core of our company – from pioneering harvesting and production technology to product development and commercialization. Our business spans the entire value chain – from sustainable harvesting in pristine Antarctic waters to our logistics hub in Montevideo, ensuring a fully transparent process that brings products to customers worldwide.
In September 2024, our company was spun out of Aker BioMarine, beginning a new chapter with American Industrial Partners and Aker Capital as our owners. Under our new ownership structure, we aim to drive growth and lead the industry with the highest sustainability standards.
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