Prysmian Group announces an investment of approximately €200 million in a new cutting-edge cable-layer plus adjustment for cables equipment of approximately €40 million. The new vessel will be fully operational by Q1 2025 and will reinforce Prysmian’s project execution capabilities and its EPCI (Engineering, Procurement, Construction, Installation) approach.
As for Leonardo da Vinci, the new vessel will be built by the VARD Group (a subsidiary of the Fincantieri Group), one of the world leaders in the design and construction of specialised vessels for the offshore market, and will stand out for its technical performance, operational flexibility and sustainability. The new cable-laying vessel will be very similar to Leonardo da Vinci, which was delivered in 2021 and exceeded all expectations in its first year of operations, being fully recognised by the market as the best-in-class vessel to meet the growing demand of the submarine cable industry.