Vard Group

VARD and Ocean Infinity signs new contract

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Ålesund | Norway: VARD, the Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of specialized vessels, has signed a new contract with existing customer Ocean Infinity, for the design and construction of four Multi-Purpose Robotic Vessels (MPVs). The value of the contract exceeds 200 million euros.

VARD

The contract also includes a comprehensive scope of supply from Vard Electro, which will deliver the full suite of SeaQ systems for remote operations, and from Vard Interiors, responsible for the complete interior solutions, combining innovative design with energy-efficient systems to ensure crew comfort and operational excellence. Seaonics will provide the Launch and Recovery System (LARS), enabling advanced handling of ROVs and geotechnical units.

Two vessels will be delivered from VARD’s Norwegian shipyards in Q1 and Q2 2028, while the other two will be built at Vard Vung Tau in Vietnam, with delivery scheduled for Q3 and Q4 2028.

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VARD

VARD is one of the major global designers and shipbuilders of specialized vessels. Headquartered in Norway and with approximately 8,000 employees, VARD operates shipbuilding facilities in Norway, Romania, Brazil, and Vietnam. Through its specialized subsidiaries, VARD develops power and automation systems, deck handling equipment, and vessel accommodation solutions, and provides design and engineering services to the global maritime industry.

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. www.vard.com

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