VARD to make NKT’s fresh cable-laying vessel

Denmark-based fully energy cable producer and set up company NKT has placed an yell with Norway’s VARD for the constructing of its fresh cable-laying vessel (CLV).

In Could perhaps well 2023, on the help of a file yell backlog and the solid market outlook, NKT introduced investments in a fresh excessive-voltage manufacturing facility on the present space in Karlskrona, Sweden, and a fresh cable-laying vessel.

NKT and VARD signed the contract on December 15, 2023, whose price is between €200 and €250 million.

The vessel, to be designed by the Norwegian company Salt Ship Construct, will be constructed in parallel with NKT increasing its space in Karlskrona, and both sources are anticipated operational from 2027.

The hull for the cable-layer will be built at Vard Tulcea in Romania and outfitted and delivered from one amongst VARD’s yards in Norway in Q4 2026.

“We thank NTK HV Cables AB for the different to make this cutting-edge cable laying vessel. In VARD we’re committed to succor possibilities within the reduction of risk through our unheard of global price chain and prolonged observe file in handing over complex and personalized vessels, equivalent to this cable lay vessel for energy cable. We accept as true with established us because the leading actor within the cable layer market and would possibly well perhaps peaceful stammer as planned,” talked about Roy Arne StavikSVP Gross sales & Advertising at VARD.

By plan of other news coming from NKT, the company in September 2023 introduced it had certified its CLV NKT Victoria to make utilize of biofuels equivalent to hydrotreated vegetable oil (HVO) as section of its decarbonization dreams. Here is alleged to enable the reduction of carbon footprint from the vessel’s gasoline consumption by higher than 98%.