Vard wins $200m cable lay and construction vessel order from Japan’s Toyo

Norway’s Vard, part of Italian shipbuilding giant Fincantieri, has secured a contract from Japan’s Toyo Construction to design and build a power cable lay and construction vessel. Toyo Construction, which has set out to take the top share in Japan’s offshore wind construction sector, is paying more than $200m for the 149.6 m long ship …

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