VARD ONCE AGAIN PROVED WORTHY OF TRUST

Orange Marine, a wholly owned subsidiary of the Orange Group, is a cable ship owner specialized in offshore work on submarine cables, from designing and engineering new projects to installing new connections and maintaining existing cables (telecommunications, energy, or hybrid). Orange Marine can operate worldwide and for any type of customer: telecom operators, cable manufacturers, GAMAM, offshore wind farm operators, etc. Its expertise is internationally recognized, allowing it to occupy an important place in the world at a time when submarine cables, which are becoming more and more efficient, are of strategic importance for the world economy and are being deployed in every sea and ocean. With its Italian sister company, Elettra Tlc, Orange Marine has a fleet of 6 cable ships and 1 survey ship, representing almost 15 % of the submarine installation and maintenance market. At the end of 2025, Orange Marine's ships had installed over 300,300 kilometers of fiber optic submarine cables and had carried out over 1,200 repairs, some at depths of over 6,000 meters. In addition, Orange Marine designs, builds, and operates a full range of submarine machinery for work on submarine cables (ROV - Remotely Operated Vehicles, plows, trenchers, crawlers) capable of working on any type of cable.

Orange Marine

Established in 1974, Colombo Dockyard is Sri Lanka’s leading shipbuilding, ship repairing, heavy engineering, and offshore engineering facility conveniently located within the port of Colombo.  Colombo Dockyard specializes in the construction of Cable Laying & Repair Vessels, Offshore Support Vessels for Offshore Wind/ Oil & Gas, Eco-Bulkers, Passenger Vessels of SOLAS class, Harbour Tugs, High Speed Patrol Vessels, Crew Boats and Work Boats of diverse design for different services.

www.cdl.lk

VARD is one of the major global designers and shipbuilders of specialized vessels. Headquartered in Norway and with approximately 8,200 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.

VARD’s long shipbuilding traditions, cutting-edge innovation and technology coupled with its global operations and track record in constructing complex and highly customized vessels have earned it recognition from industry players and enabled it to build strong relationships with its customers.

The majority shareholder of VARD is Fincantieri Oil & Gas S.p.A., a wholly owned subsidiary of FINCANTIERI S.p.A. Headquartered in Trieste, Italy, FINCANTIERI is one of the world’s largest shipbuilding groups and has, over its 200 years of maritime history, built more than 7,000 vessels.

www.vard.com