Fincantieri

M&A Activity • May 10, 2024

Informazione Regolamentata n. 1616-28-2024	Data/Ora Inizio Diffusione 10 Maggio 2024 13:22:08		Euronext Milan
Societa'	:	FINCANTIERI
Identificativo Informazione Regolamentata	:	190417
Utenza - Referente	:	FINCANTIERIN04 - Dado
Tipologia	:	2.2
Data/Ora Ricezione	:	10 Maggio 2024 13:22:08
Data/Ora Inizio Diffusione	:	10 Maggio 2024 13:22:08
Oggetto	:	FINCANTIERI Vard to build two commissioning service operation vessels for Taiwan
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PRESS RELE/ Trieste, 10 May 2024

FINCANTIER: VARD TO BUILD TWO COMMISSIONING SERVICE OPERATION VESSELS FOR TAIWAN

VARD, the Norwegian subsidiary of the Fincantieri Group and among the leading companies in the construction of specialized vessels, signed a contract for the design and construction of two Commissioning Service Operation Vessels (CSOV) with a Taiwanese customer.

The ships will be based on VARD's new 4 39 design, tailored to the specific demands of Taiwan's burgeoning offshore wind sector with a highly versatile all-round platform for sustainable windfarm support operations both as service vessels and for the building and installation phase. Their design will also focus on environmental footprint with an efficient machinery and propulsion set-up for high station keeping capabilities, improved workability, and operational reliability.

The new units, which will be delivered respectively in Q4 2026 and Q1 2027, will be approximately 102.7 meters long, with a beam of 19.5 meters, being able to accommodate 120 persons on board and featuring high standard crew and client facilities. They will be arranged with dedicated spaces for future technologies, such as increased battery packs and possibilities for alternative fuels.

Fincantieri is one of the world's largest shipbuilding groups, the only one active in all high-tech marine industy sectors. It is a leader in the construction of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems.

With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing 10,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating in four continents and with almost 21,000 employees.

www.fincantieri.com

FINCANTIERI Press Office Investor Relations Tel. +39 040 3192473 Tel. +39 040 3192111 press.office@fincantieri.it investor.relations@fincantieri.it

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Fine Comunicato n.1616-28-2024	Numero di Pagine: 3
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