Prysmian orders new ship for EUR 170 million

It will require a big bottle of champagne to inaugurate the new ship, when Italy's Prysmian deploys its new, huge cable-laying vessel two years from now.

Prysmian's fleet of current cable-laying vessels will soon be joined by a big brother. | Photo: Prysmian

Italy's Prysmian could have ordered 90 brand-new Sea Ray L550 Fly yachts with 850 HK engines, lengths of 17 meters and three bedrooms in tasteful beige leather, listed at DKK 14.4 million (EUR 1.93 million) each.

Instead, the global cable manufacturer has decided to spend a minimum of EUR 170 million ordering what will be the world's most advanced cable-laying ship.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa's deep financial woes are halfway self-inflicted

Despite successfully forwarding the external costs to customers, onshore wind projects valued at EUR 2bn are being delivered at zero-profit margins in the years to come, according to the turbine maker’s CEO. Here and there, things might have moved a bit too fast.

Further reading

Related articles

Latest News

See all jobs