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VARD confirms contract for one Cable Laying Vessel

Posted on December 18, 2023

VARD, one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that we have signed a contract for the construction of a cable laying vessel for an undisclosed customer.

The hull will be built at Vard Tulcea in Romania and the vessel will be outfitted and delivered from one of VARD’s yards in Norway in Q4 2026. The value of the contract is between EUR 200 – 250m. The design of the vessel is by the Norwegian company Salt Ship Design AS.

Further information about the contract and the vessel will be announced at a later stage.

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