General – Newbuilding
VARD has signed a contract for the design and construction of two Commissioning Service Operation Vessels (CSOVs) for an undisclosed international customer.

The contract has a value between 100 million and 200 million euros.
With the order of these two latest vessels, VARD surpassed 40 tailored walk-to-work vessels ordered or delivered.
The two CSOVs are of VARD 4 19 design developed by Vard Design in Ålesund, Norway. The battery hybrid propulsion system enables the vessels to run with zero emissions for periods, as well as adding peak power and maintaining a highly energy-efficient profile in all operations.
The design is also prepared for future operation on methanol, providing an additional sustainable option to its operations.
