Ulstein hands over 155-meter cable-laying vessel to Nexans
What happened
Ulstein delivered a purpose-built 155m cable-laying vessel, Nexans Electra, to Nexans to expand its capacity for complex subsea cable projects. The vessel is equipped with large turntables and can lay bundled cables (up to four simultaneously), which materially raises execution capability for large landfall jobs. Watch booking activity and how Nexans packages vessel availability with onshore support offers
Buyer takeaway
Treat the handover as a capacity signal: more fleet capacity helps future sourcing but creates booking dynamics that buyers should monitor before finalizing shore-side commitments
Cost / money
Directionally easing for project-level charter premiums over time, but immediate cost impact depends on whether the vessel is already allocated to projects
Supplier / commercial
Nexans can offer integrated vessel+shore packages and may seek to capture pass-throughs and onshore scope; buyers should request separate pricing lines for vessel time and shore services
Safety / operations
Bundled cable laying raises handling and landfall complexity; buyers must insist on defined coordination protocols and shore acceptance checks
What to watch
Watch vessel charter announcements and how Nexans prices integrated offers; short booking windows can reduce buyer negotiation room
Key facts
- 155.2-meter vessel length
- Three turntables with 13,500-ton loading capacity
- Capability to bundle‑lay up to four cables simultaneously
Source excerpts
Home Subsea Ulstein hands over 155-meter cable-laying vessel to Nexans May 18, 2026, by Norway’s Ulstein Verft has delivered the cable-laying vessel (CLV) Nexans Electra to French cable systems designer and manufacturer Nexans, purpose‑built for the transport, laying, protection, repair and jointing of subsea power cables
Home Subsea Ulstein hands over 155-meter cable-laying vessel to Nexans May 18, 2026, by Norway’s Ulstein Verft has delivered the cable-laying vessel (CLV) Nexans Electra to French cable systems designer and manufacturer Nexans, purpose‑built for the transport, laying, protection, repair and jointing of subsea power cables. Source: Ulstein Nexans Electra was ordered as the second vessel by Nexans at Norway’s Ulstein Verft and is an updated version of sister vessel Nexans Aurora, delivered in 2021
It will be capable of bundle laying of up to four cables simultaneously
