Solstad order at Vard confirmedYard News // June 11, 2014
Vard in Norway has confirmed that, following the letter of intent it signed with Solstad in March, a contract for the design and construction of a large subsea construction vessel has been made effective. The contract is the largest single vessel order in the company's history.
The contract has already been included in Vard's new order intake and orderbook.
The vessel is of Vard 3 19 design, developed by Vard Design in Ålesund. The hull of the vessel will be built at Vard Tulcea in Romania, while outfitting will take place at Vard Brattvaag in Norway. Delivery of the vessel is scheduled for the second quarter of 2016.