Arctic-Class vessel with R&D capabilities coming to NL

From Government of Newfoundland & Labrador

The Research & Development Corporation (RDC) is pleased to announce a $4.9 million investment in a multi-purpose survey, support and research and development vessel to be stationed in St. John's. The total cost to design, build and operate such a vessel over a 10-year period is estimated at more than $100 million which will be funded by Fugro. RDC's investment directly targets the research and development capabilities, equipment and operations of the vessel, which will be built and operated by Fugro GeoSurveys (FGI).

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