JULY 12, 2016 — Vard Group subsidiary Vard Electro AS is to provide an engineering and electrical installation package for the new U.K. new polar research vessel.
The vessel is under construction at Cammell Laird Shiprepairers & Shipbuilders Ltd, which has awarded Vard Electro a contract that includes engineering resources to support the shipyard in the drawing approval process, complete electro installation onboard, and systems and products developed by Vard Electro.
The value of the contract is approximately NOK 100 million (about $11.8 million.
The 130 m long polar research vessel, which is expected to become operational in 2019, will be equipped with Vard's SeaQ Communications system, customized for the specialized vessel and including remote management.
"Vard Electro was chosen in competition with global players within the field of electro integration," said Stig Bjørkedal, Vard's EVP Equipment & Solutions. "We are grateful and proud to be selected in such tough competition and are pleased to learn that our vast experience with electro-integration in sophisticated vessels was a key for being selected. This contract shows that our strategy for external sales is yielding positive results, and proves our competitiveness and competence in electro integration."