Fincantieri Unit Wins 700 Million Euro Research Ship Deal

Italian shipbuilder Fincantieri announced that its Norwegian subsidiary Vard has won a 700 million euro contract with Inkfish to build a deep-sea research vessel. The ship is designed for operations up to 11,000 meters deep and is scheduled for delivery in the first quarter of 2030.

Xurve View
Insights:

FINCANTIERI SPA subsidiary Vard secured a €700 million contract to build a deep-sea research vessel for United States-based Inkfish. The deal is the largest single-vessel order in the history of Vard and the Norway shipbuilding industry. It strengthens the Italy-based shipbuilder's backlog through the first quarter of 2030.

Record-Breaking Scale for Norwegian Shipbuilding

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.