Published 2017-12-04 00:00:00
VARD secures contract for seven stern trawlers
Published by
Vard Group AS
VARD secures contract for the design and construction of seven stern trawlers

We are pleased to announce that we have secured contracts for the design and construction of seven stern trawlers for four Icelandic shipowners: Bergur-Huginn, Utgerdarfelag Akureyringa, Gjögur and Skinney-Thinganes. The total contract value is approximately NOK 700 million.

Together, VARD and the four shipowners have developed a new concept for seven stern trawlers for fishing operations in Iceland. The vessels, measuring 29 by 12 meters, will be constructed and outfitted by Vard Aukra in Norway for deliveries in 2019.

The stern trawlers of VARD 8 08 design reflect our strong focus on safe operations, efficiency in cargo handling, as well as crew’s wellbeing. Each vessel will have a large trawl deck with electric permanent magnet motor-driven trawl winches, a twin screw mechanical propulsion system for efficient and fuel-saving operations, large propellers and rudders to ensure smooth operations in harsh environments and safe handling of the fishing gear. The vessels will have a refrigerated cargo hold with a capacity of 240 cubic meters and a fish processing area. In addition, they will be equipped with high-quality accommodation fittings for a crew of 13 people.

The first two vessels will be delivered to Bergur-Huginn in Q1 and Q2 2019. These vessels will replace the two they currently have in their fleet. Mr. Gunnþór Ingvason, CEO of Sildarvinnslan and its subsidiary Bergur-Huginn, commented: “We chose to go with VARD for this project as we believe that it is greatly advantageous to work with a company with deep expertise in both ship design and shipbuilding. The past and current generations of Icelandic fishermen have had excellent experience working with Norwegian yards, and we look forward to the cooperation with VARD.” Sildarvinnslan was established back in 1957, and is today a major player in the Icelandic fishing industry.

The third vessel will be delivered to Utgerdarfelag Akureyringa, a wholly owned subsidiary of Samherji, a leading seafood company in Iceland. Samherji is a vertically integrated seafood company, with a powerful fleet and modern land-based plants. The trawler for Utgerdarfelag Akureyringa is expected to be ready for fishing operations in Q2 2019. Mr. Torsteinn Mar Baldvinsson, CEO of Samherji, commented: “Over the last few years, we have built a strong relationship with VARD. Together, we have specially developed these new trawlers according to our requirements and objectives. We have high expectations for our new vessel, and believe it will strengthen our fishing operations in Iceland.”

The fourth and fifth vessels are contracted by Gjøgur, a 70-year-old fishing company based in Iceland. Gjøgur will also replace two of their existing vessels with VARD’s vessels, scheduled for delivery in Q2 and Q3 2019. Mr. Ingi Jóhann Guðmundsson, CEO of Gjøgur, commented: “Gjøgur remains committed to providing high-quality products and a safe working environment for our employees. We believe this project will bring value to both VARD and the Icelandic companies involved.”

Skinney-Thinganes will take delivery of the sixth and seventh vessels in Q3 and Q4 2019 respectively. With 70 years of experience in fishing, the company controls quotas of several fishing stocks and operates a diversified and strong fleet of eight vessels. The company believes in endorsing responsible fisheries and quality products, and practicing good business relations. Mr. Aðalsteinn Ingólfsson, CEO in Skinney-Thinganes, commented: “We are proud to be a part of this innovative initiative to renew our trawler fleet in Iceland, and we trust that VARD will deliver great vessels for our company and crew.”

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