Vard has signed a contract for the design and construction of a highly customized state-of-the-art hybrid power cable lay and construction vessel for the leading Japanese construction company Toyo Construction Co.Ltd.
The value of the contract is more than 200 million US dollars.
Toyo Construction is a Japanese general construction company that operates civil and architecture construction businesses both domestically and internationally, and is particularly good at offshore construction, owning a variety of working vessels and constructing a wide range of projects such as container terminals, marine airports. In the new medium-term Business plan issued in fiscal 2023, we position the offshore wind business as a growth driver and aim for the top share in offshore construction in the future offshore wind business.
The hybrid power cable lay, and construction vessel will be of VARD 9 15 design, a design especially developed for the need of the customer to cater for the growing Japanese offshore windfarm market, as well as to operate worldwide. It will have an optimal hull design to suit the natural and construction conditions in Japan, allowing it to be used in both shallow waters and deep waters for floating offshore wind power generation and DC power transmission projects. She will be able to carry out construction work at a high rate of operation in a wide range of ocean areas.
The vessel is prepared for Inter-array, HVAC export and interconnector cable lay as well as cable burial operation and construction work.