Vard, here’s how Fincantieri sprints with Germany in offshore wind

24 October 20236 months ago babelfish

Windward Offshore, a new consortium led by the German Rickmers family's SeaRenergy Group, the offshore wind services arm of its Asian Spirit Steamship Company, has awarded Fincantieri's Vard an order for two hybrid offshore wind units

Through Vard, Fincantieri is working on two other hybrid vessels for offshore wind.

The Trieste naval group has signed the contract for the design and construction of two hybrid Commissioning Service Operation Vessels (CSOV) for the Windward Offshore consortium. This was announced in a Fincantieri press release. The contract also includes the option for two additional ships. The first delivery is scheduled for the second quarter of 2025.

This is the eighth offshore wind contract concluded by Vard in the last three years.

“This new order is a further confirmation of the expertise gained by Vard in the CSOV market and strengthens the role of offshore wind as the third fundamental pillar of our business. Fincantieri can make a great contribution to a technology in which the whole world is investing", observed Pierroberto Folgiero, CEO and general director of Fincantieri.

THE CHARACTERISTICS OF THE TWO SHIPS

According to Fincantieri, these are extremely versatile platforms that will carry out support operations for offshore wind farms, with a focus on on-board logistics and safety.

The units, 87.5 meters long and 19.5 meters wide, are designed to operate with green methanol and are equipped with a hybrid battery system. The first vessel will be built in Romania, with fitting out and delivery in Norway. The second will be entirely built at the Vung Tau shipyard, in Vietnam. They will be able to accommodate 120 people on board.

ORDER ASSIGNED BY WINDWARD OFFSHORE

Windward Offshore is a consortium led by SeaRenergy Group, the offshore wind services arm of the ASSC Asian Spirit Steamship Company group. The latter is a company with more than 180 years of history that mainly deals with ships intended for the transport of goods. The consortium also includes Holding GmbH, Blue Star Group GmbH & Cie. KG, Diana Shipping Inc. and SeraVerse GmbH.

WITH VARD FINCANTIERI STRENGTHENS ITSELF IN THE OFFSHORE RENEWABLES SECTOR

Finally, with the order Fincantieri confirms itself as a prime mover in the construction of ships to support the offshore wind sector, which is one of the core businesses designated by the group's new industrial plan. Listed on the Singapore stock exchange and controlled by Fincantieri since January 2013, Vard Group is one of the world leaders in the construction of specialized vessels for the offshore market, as stated on the company website .

GROWING BUSINESS FOR VARD

“The offshore wind sector is growing strongly, with Fincantieri which, through Vard, has already achieved a significant market share, with fifteen Commissioning Service Offshore Vessels (CSOV) or Service Operation Vessels (SOV) units acquired, together with two ships cable layers. Our Norwegian subsidiary will also take care of the production of fourteen robotic ships, equipped with unmanned navigation technology, which will be able to use green ammonia as fuel, creating a new standard for remote and low-emission operations. Market trends still reveal a wide margin for development" specifies Fincantieri in the 2022 financial statement report.

Therefore, according to the company headed by Folgiero, "having already developed numerous concepts of this type of unit, Vard can exploit the growing trend of the sector, in which important activities are emerging that are preparing to be launched both in Asia and in North America , as well as a still high level of investment in Europe."

maritime transport of various goods and project cargo

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/vard-ecco-come-fincantieri-sprinta-eolico-offshore/ on Tue, 24 Oct 2023 05:31:15 +0000.