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VARD Banks €220M Vessel Construction Contract

The new ships will add hybrid propulsion, battery storage and methanol-ready features to support aids-to-navigation, survey and emergency response work.

VARD, the Norwegian shipbuilding subsidiary of Italy's Fincantieri Group, won a contract valued at more than €220 million to design and build two next-generation buoy and lighthouse maintenance vessels for Trinity House, the General Lighthouse Authority for England…

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Vard has been awarded a contract for the delivery of two multi-purpose buoy and lighthouse maintenance vessels to the British Trinity House.

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Maritime Reporter broke the news on Wednesday, July 22, 2026.
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