Prysmian Group presents the most advanced cable laying vessel "Leonardo da Vinci"

Categories: Corporate  Offshore Wind Farm 

23/09/2019 - 01:00 AM

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 Vincithat will reinforce the fleet by 2Q 2021.

Leonardo da Vinci, the newest and most modern vessel of the Prysmian group with a length of 171 meters represents a total investment of over 170 million euros and is being built by VARD Norway SA, part of the Fincanteri group, at the shipyard in Tulcea (Romania).

Find more details about it here:

https://www.prysmian.com/en/stories/prysmian-presents-most-advanced-cable-laying-vessel-world