Fincantieri: Vard will build a second state-of-the-art cable-layer for Prysmian Group

(To Fincantieri)

Fincantieri has received an order from Prysmian Group, world leader in the energy and telecommunications cable systems sector, for the design and construction of a second state-of-the-art cable-laying vessel, with delivery expected in 2025. The value of the contract is equal to approximately 200 million euros.

The unit, which will follow the "Leonardo da Vinci", delivered in 2021, will be specialized in advanced subsea activities and is destined to be the best performing cablelayer in its reference market. The cable laying will be built entirely by the Vard group production network, including the main systems and equipment. With a length of approximately 170 meters and a beam of approximately 34, the new vessel will have a towing force in excess of 180 tons for complex installation operations down to depths exceeding 3.000 metres. Top-level performance, such as load capacity and cruising speed, will make it possible to reduce the displacements required compared to today's standards, leading to a reduction in total CO2 emissions and a decrease of around 40% in fuel consumption. Furthermore, the innovative high-efficiency propulsion systems, including a 3 megawatt power battery pack, will reduce nitrogen oxide emissions by 85%, complying with the most stringent international environmental requirements. 

“The development of smart and sustainable electricity grid infrastructures is essential to enable the energy transition and submarine cables are an essential component in this. As global leaders we are committed to technological innovation and we are happy to work with Fincantieri and Vard, leaders in shipbuilding, to improve our installation capacity as well” said Valerio Battista, CEO of Prysmian Group.