Fincantieri’s Norwegian subsidiary Vard is to build a second hybrid-powered Ocean Energy Construction Vessel (OECV) for Ulsteinvik, Norway, headquartered Island Offshore, which is majority owned by the Chouest and Ulstein families.
Island Offshore orders innovative ocean energy construction vessel
The new contract exercises the first of the two options for additional vessels included in the OECV order placed at Vard by Island Offshore in May. The vessels are being built to a new Vard 3 25 design...
https://www.marinelog.com/offshore/island-offshore-exercises-option-to-build-second-oecv-at-vard/