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The Norwegian Shipbuilder Vard Signed a Contract for the Construction of a Cable Installation Vessel for an Undisclosed Client.
The Norwegian vessel manufacturer Vard has finalized a deal to build a ship for cable installation for an undisclosed client on Friday. The contract value is estimated between 200 and 250 million euros.
The vessel, designed by the Norwegian company Salt Ship Design AS, will have its hull built in Vard Tulcea, Romania, and will be outfitted and delivered at one of Vard’s shipyards in Norway in the fourth quarter of 2026. European shipbuilding is in full swing to meet the growing demand for vessels for offshore energy.
Vard plans to disclose more information about the contract soon.
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Abroad Cable Layers.
Shipbuilding Contract in Europe for Salt Ship Design AS
The Norwegian company Salt Ship Design AS has signed a contract for the shipbuilding of two vessels of Vard 9 21 design, with two additional options, valued at 287 million Norwegian crowns. The construction will take place at the shipyards Vard Tulcea in Romania. The vessels are expected to be delivered in 2023 and 2024 and will be operated by a company in the offshore energy sector in Europe. This shipbuilding contract strengthens Vard Tulcea’s presence in the offshore energy market in Europe.
The value of the shipbuilding contract is of great importance to the company and demonstrates the client’s confidence in the capabilities of Salt Ship Design AS and Vard Tulcea. Salt Ship Design AS is a leading company in the offshore shipbuilding sector, and this contract highlights its commitment to providing high-quality vessels to meet the demands of the offshore energy market in Europe. This partnership between Salt Ship Design AS and Vard Tulcea marks an important milestone in the shipbuilding industry and underscores both shipyards’ ability to deliver innovative and efficient solutions to market needs.
The construction of the vessels will adhere to the highest standards of quality and safety, ensuring that the vessels meet the stringent regulations of the offshore energy sector. Salt Ship Design AS and Vard Tulcea are committed to delivering vessels that meet market demands and exceed client expectations. This shipbuilding contract reflects the company’s ongoing success in delivering high-performance vessels for the offshore energy market in Europe.
Offshore energy vessel construction is a growing market in Europe, and Salt Ship Design AS and Vard Tulcea are well positioned to meet this increasing demand. With a strong reputation in the shipbuilding industry, Salt Ship Design AS and Vard Tulcea are ready to provide innovative and efficient solutions for the offshore energy market in Europe. This shipbuilding contract is a significant step for both companies and demonstrates their commitment to delivering quality vessels to meet the needs of the offshore energy market in Europe.
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