(Alliance News) - Fincantieri Spa announced Monday that the Windward Offshore consortium has exercised its options for the design and construction of two hybrid Commissioning Service Operation Vessels - CSOVs.

Under the order, the units ordered from Fincantieri subsidiary Vard increase to four, with the first two hybrid CSOVs to be delivered in the third quarter of 2025 and the first quarter of 2026 while the other two will follow in the second and third quarters of 2026.

The ships - 87.5 meters long and 19.5 meters wide - will support major global energy companies in the construction, commissioning and maintenance of offshore wind farms.

Fincantieri's stock is trading at EUR0.51 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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