VARD is investing in a new floating dock at Vard Langsten to strengthen capacity across newbuilding, vessel conversion and service work.
The investment is aimed at improving flexibility, project planning and delivery reliability, while reducing reliance on external dock capacity for critical operations. VARD said the added dock capacity will also support its ability to serve the defense market and other key segments.
The dock will be built at Vard Shipyards Romania – Tulcea. Construction is scheduled to start in Q3 2026, with completion targeted for Q3 2027.
Cathrine Kristiseter Marti, CEO of VARD, said the investment will strengthen execution capability and competitiveness by increasing flexibility and capacity at Vard Langsten. She said it will also support reliable delivery across newbuilding, conversion and service work, while keeping more critical operations within VARD’s integrated value chain.
Odd Henrik Iversen, SVP Yard Director at Vard Langsten, said the new floating dock reflects an investment in people, execution capability and overall competitiveness. He said the facility will provide day-to-day flexibility, open opportunities in service and conversion work, and allow the yard to handle more project types and more projects in parallel.
He also noted that logistics between quay areas, production halls and the dock will be improved, helping simplify execution and raise efficiency.
VARD, a subsidiary of Fincantieri, is one of the major global designers and shipbuilders of specialized vessels. The company said the investment supports its ambition to strengthen its position across the value chain.