South Korean Taihan Cable & Resolution has acquired what is claimed to be Korea’s solely cable-laying vessel (CLV) for the offshore wind market.
Taihan, which introduced the acquisition on December 20, purchased the vessel for roughly USD 38.4 million (EUR 34.7 million).
The CLV, outfitted with self-propulsion and a DP2 system, can load as much as 4,400 tons of underwater cables directly and is able to crusing at 9 knots on common underneath its personal energy.
This acquisition is claimed to place Taihan competitively in turnkey tasks that span from submarine cable manufacturing to laying. The corporate revealed it plans to make full use of the vessel first for the Yeonggwang Nakwol offshore wind undertaking it just lately received, and later for the Anma offshore wind undertaking.
In January, Taihan will gather strategies from its staff in naming the vessel.
“As this CLV meets the worldwide customary for the European offshore wind energy market, it opens up numerous enterprise alternatives within the world market. We’ll work to leap ahead as a complete resolution supplier within the world submarine cable market by aggressive investments, together with the development of a second submarine cable plant for HVDC and export cables, and increasing our gross sales community each in Korea and internationally,” Taihan stated.
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