Vard wins deal to build ocean energy construction vessel for Island Offshore

Norway’s Island Offshore has signed a major deal by ordering a large ocean energy construction vessel from Vard, due for delivery in the first quarter of 2027, with options for two more.

The upcoming fleet vessels are of the VARD 3 25 design, developed in collaboration with Island Offshore.

The 120 meters and 25 meters width vessel will be capable of flexible applications such as subsea operations, including IMR (inspection, maintenance, and repair), pipe laying, seabed installations, W2W, cable laying, and repairs.

It will have an engine prepared for alternative low-emission fuels, energy storage system (battery) for hybrid propulsion with a capacity of 1MHW, load-compensated offshore subsea crane of 250 tons, efficient heat recovery system for water and air, 2 ROV LARS systems, DP2 positioning, accommodation capacity for 130 persons, good facilities for the crew, and it will be prepared for “walk2work” gangway.

The first ship will be named Island Evolution and it will be due for delivery in the Q1 2027. The value of the contract has not been revealed.

In April 2024, it was 20 years since the shipping company Island Offshore was established. Now, the shipping company is again making a bold move by ordering a large ocean energy construction vessel from Vard with options for two more.

“When Island Offshore Management AS took over MV Island Frontier from Søviknes Yard, on April 27, 2004, the UT 737 L was the first design built according to DNV’s rules for ship-shaped well intervention units and the Norwegian Maritime Authority’s requirements for Mobile Offshore Units,” Island Offshore says in its statement.

For many years, the Ulstein family had been co-owners of several ships operated by other shipping companies. These projects were terminated before and after the delivery of Island Frontier, and the long-term collaboration with the Chouest family was established.

Since then, Island Offshore has taken delivery of more than fifty offshore vessels, all from Norwegian shipyards and with Norwegian suppliers as essential partners.

Source: Island Offshore