Island Offshore has placed an order at Fincantieri Group member Vard for a 120 meter ocean energy construction vessel that includes options for two further vessels. The vessels will be built to a new Vard 3 25 design, developed for the offshore energy industry’s transition from oil and gas to renewables.
“We are proud to present the next generation OECVs with versatile capabilities that will ensure long-term employment as the energies of the ocean evolve,” said Island Offshore chairman Morten...