Vard Set to Convert 16-year-old PSV into New Cable Layer
Norwegian shipbuilder Vard has been chosen by IT International Telecom Marine, a subsea cable network provider, to convert the platform supply vessel (PSV) IT Infinity into a cable laying vessel.
Volstad Princess, the PSV was acquired by SD Standard Drilling in 2017. Subsequently, in 2021, it was purchased by IT for $10.3 million and renamed IT Infinity. Now, the vessel is returning to Vard for its conversion.
Vard Electro will play a role in the project by overseeing the installation of cables and new switchboards, as well as updating existing electrical systems. Vard Interiors will provide HVAC solutions. The conversion will take place in the same yard where the vessel was initially built and is slated for completion in the third quarter of 2024.
General manager at IT, Louise Thivierge, says: “IT is pleased to partner with Vard on the conversion [of the vessel]. Returning to the yard where she was built provides unique efficiencies, decreasing time to market for an industry in dire need of these specialized ships.”