LS Marine Solution Begins Construction of Next-Generation 'Subsea Cable Laying Vessel'... Delivery Targeted for 2028

Delivery Scheduled for First Half of 2028
Dedicated Cable Laying Vessel for HVDC and Offshore Wind Power Grids
Securing Two Specialized Laying Vessels

LS Marine Solution announced on July 1 that it has officially begun the construction of a next-generation submarine cable laying vessel.

This vessel, for which the investment plan was announced in May last year, will be the largest submarine cable laying vessel in Korea. The 'steel cutting' ceremony, marking the start of construction, was held at the Tersan Shipyard in Turkey.

The vessel is scheduled for delivery in the first half of 2028 and is a dedicated laying vessel optimized for long-distance and large-scale submarine cable installations, such as HVDC (High Voltage Direct Current) and offshore wind power grid projects. After approximately one year of design and preparation, full-scale construction has now commenced.

With a cable loading capacity of 13,000 tons, the vessel is capable of installing long-distance sections in a single operation, thereby reducing the number of voyages and cable connections, which enhances construction efficiency and stability. The company aims to participate in large-scale submarine power grid projects, including the government-led 'West Coast HVDC Energy Expressway.'

At the groundbreaking ceremony for the new laying vessel at Tersan Shipyard in Turkey, Kim Byungok, CEO of LS Marine Solution, Osman Nurettin Paksu, CEO of Tersan Shipyard, and Lee Geunchang, Head of the Communication and Construction Support Division at LS Marine Solution, are taking a commemorative photo. (From left) LS Marine Solution.

With the addition of this new vessel, LS Marine Solution will secure two dedicated cable laying vessels, including the existing GL2030, to undertake the West Coast HVDC project. This is expected to significantly strengthen the company's ability to respond to not only large-scale national power grid projects but also major overseas projects.

Furthermore, when its U.S. submarine cable manufacturing subsidiary, LS Greenlink, begins commercial production in 2028, the company plans to accelerate its penetration into the U.S. and European markets through turnkey projects that link local production with submarine installation.

A company representative stated, "With Haesong 3 Offshore Wind recently being finally selected in the offshore wind fixed-price contract auction, there are high expectations for LS Marine Solution’s participation as the preferred bidder for submarine cable installation. Based on the new cable laying vessel, we plan to continue expanding our participation in domestic and international offshore wind projects."

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