Taihan Cable Secures Additional 10,000-Ton Subsea Cable Laying Vessel... "Enhanced Subsea Turnkey Competitiveness"

Acquisition of Norway's "Skandi Connector"
Vertically Integrated from Design to Construction

Taihan Cable has further strengthened its competitiveness in the subsea cable business by securing an additional large-scale cable laying vessel (CLV) dedicated to subsea cables.

The second CLV of Taihan Cable, the "Skandi Connector." Taihan Cable

On May 14, Taihan Cable announced that it will acquire the 'Skandi Connector,' a 10,000-ton-class cable laying vessel specialized for subsea cables. This acquisition marks the company's second CLV for offshore wind power, following the 'PALOS,' and enables Taihan Cable to establish a response system capable of handling not only internal offshore wind networks but also external networks and HVDC (high-voltage direct current) power grids.

The newly acquired Skandi Connector is a high-specification vessel designed by Damen, a Dutch company specializing in special-purpose ships. It is operated by the Norwegian marine construction and engineering group DOF, and has proven its safety and construction capabilities by participating in 27 projects worldwide and laying approximately 1,300 kilometers of subsea cable.

With the addition of this vessel, Taihan Cable has established a fleet of CLVs capable of undertaking all aspects of subsea cable installation. Based on this, the company has advanced its vertically integrated system, enabling it to independently manage the entire process from design and production to transportation and installation of subsea cables. In particular, Taihan Cable plans to enhance its turnkey competitiveness and expand its project response capabilities through synergies with its specialized subsea construction subsidiary, Taihan Ocean Works.

Amid surging global demand for large cable laying vessels driven by the expansion of offshore wind power and increased investment in cross-border power grids, securing a high-specification vessel ready for immediate deployment is highly significant in terms of boosting business responsiveness and operational stability. This move is also expected to reduce reliance on foreign vessels, enhance the stability of domestic power grid projects, and strengthen national energy security. Taihan Cable aims to further expand business opportunities through both its own fleet operations and chartering services.

A Taihan Cable official commented, "With the addition of another CLV, we now have a construction system capable of handling not only offshore wind power projects but also long-distance grid interconnections." The official added, "Based on the PALOS and Skandi Connector, we will stably execute a wide range of subsea cable projects at home and abroad, continuously strengthening our competitiveness in the global market."

This content was produced with the assistance of AI translation services.