Norwegian ship designer and builder Vard on Friday introduced it has signed a contract to assemble a cable laying vessel for an undisclosed buyer. The worth of the contract is between EUR 200 – 250 million.
The vessel is designed by Norwegian firm Salt Ship Design AS. The hull for the vessel might be constructed at Vard Tulcea in Romania and outfitted and delivered from certainly one of Vard’s yards in Norway in This autumn 2026.
Vard mentioned it’ll announce additional details about the contract at a later stage