Prysmian to get new cable-laying vessel

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Contract to build a new cable-laying vessel awarded to VARD (Fincantieri Group) / The widest cable-layer fleet in the industry will ensure reduced timescales, lower costs and greater sustainability of submarine cable projects

Prysmian Group, world leader in the energy and telecom cable systems industry, announces an investment of approximately €200 million in a new cutting-edge cable-layer plus adjustment for cables equipment of approximately €40 million. The new vessel will be fully operational by Q1 2025 and will reinforce Prysmian’s project execution capabilities and its EPCI (Engineering, Procurement, Construction, Installation) approach.  As for Leonardo da Vinci, the new vessel will be built by the VARD Group (a subsidiary of the... ... More: Official Press Release Prysmian Group

Keywords:

Prysmian, cable laying, vessel, fleet, energy transition, power grid update, timescale, Leonardo da Vinci