Leading maritime industry valves, actuation and instrumentation supplier W&O has reached a three-year supply agreement with Norway-based ship designer and builder Vard, a member of the Fincantieri Group. Under the agreement, W&O
Earlier this month, Norway announced plans to increase its naval strength by adding a minimum of five new frigates with helicopters to the Norwegian Navy, along with up to ten large and
Fincantieri’s Norwegian headquartered Vard Group AS subsidiary is to have a new CEO. Former Ulstein CEO Cathrine Kristiseter Marti will step into the role starting June 1, 2024. Current CEO, Alberto Maestrini
Ålesund, Norway, headquartered Norwind Offshore and Copenhagen, Denmark, headquartered Navigare Capital Partners have signed a contract with Fincantieri’s Vard subsidiary for the design and construction of a customized commissioning service operations vessel
Windward Offshore has exercised an option under a contract placed with Fincantieri’s Norwegian-based Vard subsidiary in October last year and has added two additional hybrid commissioning service operation vessels (CSOV) to the
With offshore wind farm development creating the need to lay a lot of cable, demand for cable layers can only be expected to grow. One beneficiary of this is Fincantieri’s Norwegian subsidiary
Fincantieri reports that its Norwegian subsidiary Vard has signed a contract worth more than $200 million to design and construct a hybrid-powered cable-laying and construction vessel for Japan’s Toyo Construction. The hull
Fincantieri’s Norwegian-based Vard subsidiary has booked an order from U.K. based Purus Wind for the design and construction of two battery-hybrid, methanol-ready CSOVs (commissioning service operation vessels). The agreement includes an option
Vard Electro has secured an order from Fosnavåg, Norway, headquartered Rem Offshore covering the delivery of a complete SeaQ energy storage system (ESS) package for the retrofit to hybrid of the platform
Denmark’s NCT Offshore has awarded Fincantieri’s Norwegian-headquartered Vard subsidiary a contract for a 95 meter long subsea cable laying vessel with a cable carousel capacity of 4,500 tonnes. The vessel is an
