Prysmian Group presents the most advanced cable laying vessel “Leonardo da Vinci”
The new ship will reinforce the fleet by 2Q 2021.
Prysmian Group Magazine
December 5, 2020
Because the cable industry is always on the move, Prysmian Group is always on the move with it. The submarine cable market is projected to reach USD 26.16 billion by 2025, representing a compound annual growth rate (CAGR) of just over 12%. As a world leader in the energy and telecom cable systems sector with decades of experience, Prysmian is constantly innovating to anticipate the needs of this fast expanding market.
The Group is especially active in the field of new installation solutions across the globe and its knowledge of submarine cable laying is second to none. With three of the most specialized cable-laying vessels already in operation (Giulio Verne, Cable Enterprise and Ulisse). Prysmian now has a fourth vessel in build, Leonardo da Vinci, that will reinforce the fleet by 2Q 2021.
THE MOST ADVANCED CABLE LAYING IN THE MARKET
With basic design phase complete, steel cutting and preliminary works under way and the keel laying kicked off in September 2019, the 171-metres vessel with a 34-metres beam represents an overall investment of more than €170 million and is being built by Vard Norway SA, part of Fincantieri Group.
“This new strategic asset will consolidate the Group’s leadership and boost the capability of our submarine cable operations”
Hakan Ozmen, EVP Project BU, Prysmian Group.
The ship’s cable handling and installation equipment have been entirely developed and designed by Prysmian to boost its capacity of submarine cable installation. Indeed, it will be possible to achieve higher precision operations and to allow more cables to be transported thanks to the largest cable loading capability. Once completed, the new vessel will be the most advanced cable laying vessel thanks to a series of cutting-edge features