FINCANTIERI: VARD TO BUILD TWO MULTI-FUNCTION BUOY AND LIGHTHOUSE MAINTENANCE VESSELS FOR TRINITY HOUSE
Norway, July 24 -- VARD, the Norwegian subsidiary of the Fincantieri Group and one of the world's leading designers and builders of specialized vessels, has signed a contract for the design and construction of two multi-function Buoy and Lighthouse Maintenance Vessels for Trinity House, the General Lighthouse Authority for England, Wales, the Channel Islands and Gibraltar. The value of the contract exceeds euro 220 million.Awarded following a public tender, the contract forms part of Trinity House's program to renew its fleet of three vessels. The new units will replace THV Patricia and THV Galatea, reinforcing the organization's ability to deliver safe, efficient and reliable aids-to-navigation services and supporting the maintenance of cr...
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