Vard Secures Norway’s Highest Value Order to Build Deep-Sea Research Vessel

Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, signed its highest value single ship contract and the largest order of its kind for any Norwegian shipyard. Valued at nearly €700 million (US$816 million), the contract is for the design and construction of a deep-sea research vessel for US-based research organization Inkfish.

Vard Secures Norway’s Highest Value Order to Build Deep-Sea Research Vessel. Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, signed its highest value single ship contract and the largest order of its kind for any Norwegian shipyard. Valued at nearly €700 million (US$816 million), the contract is for the design and construction of a deep-sea research vessel for US-based research organization Inkfish. The vessel, project-named RV11000, is based on a Vard design for specialized research vessels. Developed by Vard Design in Ålesund, Norway, in close collaboration with Inkfish, RV11000 will be a tailor-made platform designed for seafloor mapping, coring and sampling, submarine operations, and ROV activities at depths of up to 11,000 meters. The ship will enable a wide range of deep-ocean missions, including the deployment an...