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Toyo Construction targets offshore wind with new contract at VardToyo Construction targets offshore wind with new contract at Vard

Japanese engineering giant Toyo Construction has placed a major order with Vard, a Fincantieri subsidiary, for a $200 million+ hybrid cable-laying and construction vessel.

Paul Bartlett, Correspondent

December 13, 2023

2 Min Read
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Japanese engineering company, Toyo Construction, has ordered a hybrid cable layer and construction vessel at Norway’s Vard, a Fincantieri subsidiary. The 150m-long ship, costing more than $200m, will be built to a Vard 9 15 design suitable for offshore construction work in both shallow and deep waters in Japan and the international market. 

The vessel is likely to be deployed in the offshore wind sector on both fixed and floating projects. It will be capable of inter-array, HVAC export and interconnector cable laying as well as cable burial operations and construction. 

With a cable capacity of 9,000 tonnes and accommodation for 90 persons, the DP2 ship will have a four-point mooring system, a hybrid boom crane with a capacity of 250 tonnes, a large working deck, and a helideck. It will have a range of sustainable technologies including a large battery pack, a shore supply connection, and an advanced energy management system.  

Vard Senior Vice President Sales, Torgeir Haugen, commented: “We are happy to present this vessel to Toyo. The cable layer is a modern and complex vessel of high standards built to Japanese regulations primarily for the Japanese offshore wind farm and international market, making it a unique opportunity for both Toyo and Vard to be established as a key player in the Japanese wind farm market.” 

Related:AD Ports invests $200 million in 10 offshore support vessels

Vard subsidiary companies will be engaged in the project; Vard Electro will provide a SeaQ Power energy management system, energy storage systems, switchboards, the shore connection, and entertainment and communication systems on board. Vard Interiors will assist in outfitting the vessel and will supply a green heating, ventilation and air conditioning system.

The ship’s bull will be built at Vard Shipyards Romania in Tulcea with outfitting subsequently carried out at one of the company’s Norwegian yards. Delivery is scheduled for the second quarter of 2026. 

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About the Author

Paul Bartlett

Correspondent

UK-based Paul Bartlett is a maritime journalist and consultant with over four decades of experience in international shipping, including ship leasing, project finance and financial due diligence procedures.

Paul is a former Editor of Seatrade magazine, which later became Seatrade Maritime Review, and has contributed to a range of Seatrade publications over the years including Seatrade’s Green Guide, a publication investigating early developments in maritime sustainability initiatives, and Middle East Workboats and Offshore Marine, focusing on the vibrant market for such vessels across that region.

In 2002, Paul set up PB Marine Consulting Ltd and has worked on a variety of consultancy projects during the last two decades. He has also contributed regular articles on the maritime sector for a range of shipping publications and online services in Europe, Asia, and the US.

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