Vard Electro Secures Contract In The United Kingdom

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that its subsidiary Vard Electro AS has secured a new contract for the delivery of an engineering and electrical installation package for UK’s new polar research vessel under construction for the Natural Environment Research Council (“NERC”).

The contract signed with Cammell Laird Shiprepairers & Shipbuilders Ltd includes engineering resources to support the shipyard in the drawing approval process, complete electro installation onboard, and systems and products developed by Vard Electro. The value of the contract is approximately NOK 100 million.

The 130 metres long polar research vessel, which is expected to become operational in 2019, will be equipped with VARD’s SeaQ Communications system, customized for the tailor-made vessel and including remote management.

Stig Bjørkedal, EVP Equipment & Solutions in VARD, said: “Vard Electro was chosen in competition with global players within the field of electro integration. We are grateful and proud to be selected in such tough competition and are pleased to learn that our vast experience with electro-integration in sophisticated vessels was a key for being selected. This contract shows that our strategy for external sales is yielding positive results, and proves our competitiveness and competence in electro integration.”

Vard Electro is an experienced system integrator which develops, produces, and supports advanced marine electronics and turn-key electrical systems for the global maritime and offshore industries. Vard Electro works with all established makes in the market, thereby giving customers smart solutions with a high degree of flexibility. Currently, Vard Electro has installed its equipment on over 300 vessels, including complete systems for power management, propulsion, automation and navigation.
Source: Vard