VARD joins the renewable energy sector
Ta San Shang Marine Co., Ltd., a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co., Ltd. (TTM), has been signed by VARD, Fincantieri's subsidiary and one of the largest global designers and shipbuilders of specialized vessels.
The vessel-the first to be constructed for the Asian market-is specifically designed to conduct maintenance operations to be conducted by Ørsted, a Danish firm, world leader in offshore wind and renewable energy, in the Greater Changhua Wind Farms, the company said in its announcement.
Following the contract for a new fish farming unit, announced on April 1st, today's order is another step in Vard's diversification strategy as it marks the company's entry into the promising renewable energy sector, alongside top-level operators such as MOL and TTM, two of the world's major shipping companies.
The offshore renewables sector is experiencing a period of global expansion, becoming a worldwide market after becoming largely European-based. VARD has already developed several prototypes of these units and will be able to take advantage of the increasing trend in renewable energy space initiatives, with increased operation in both Asia and North America.
The vessel's main function is to move staff and spare parts within the wind farm, while also serving as a moving base structure. The project is based on the concept of "VARD 4 19," built by Vard Concept in close cooperation with the client and partners. It is very focused on optimizing the architecture, protection, comfort and operability of the hull.
VARD is well known for its highly specialized vessel design and shipbuilding for the energy sector. The Group has designed a wide range of state-of-the-art vessels for the oil & gas industry, research & surveillance, icebreaking, fisheries, and other naval and offshore operations over the past decades.
Maritime Business World