The highly advanced and the most capable cable layer will be fully operational by 2020.
March 23, 2018
Prysmian Group, which is a world leader in the energy and telecom cable systems industry, announced an investment in excess of EUR 170 million in a new cutting-edge cable laying vessel. This strategic asset will bolster Prysmian’s turnkey approach, under which it delivers end-to-end EPCI projects, from engineering, manufacturing, and installation to full monitoring and diagnostic services. In particular it will support long-term growth prospects in the submarine cable installation business, strengthening the Group’s interconnection and offshore wind project execution capabilities.
Prysmian Group’s new vessel is intended to be the most capable cable layer in the market and to offer enhanced project versatility thanks to advanced features like: deep water installation capabilities for depths of more than 2,000 m ; increased cable loading capacity thanks to large cable rotating platforms; capability to perform complex installation operations supporting a variety of burial systems, including heavy duty ploughs; state-of-the-art positioning and sea keeping systems and a reduced environmental footprint. The cable laying vessel is expected to be delivered by Q2 2020.
With three of the world’s most advanced cable laying vessels in its existing fleet – Giulio Verne, Cable Enterprise and Ulisse – and the widest range of high–tech installation and burial equipment, such as the Hydroplow, the PLB machines Sea Mole and Otter, and HD3 ploughing technology, this new strategic asset will consolidate the Group’s leadership in the submarine cables and systems business and will boost the capability of its submarine cable operations by insourcing installation activities while achieving on-time delivery and execution.
