LS Marine Solutions has officially commenced the construction of a next-generation subsea cable laying vessel, accelerating its entry into the high-voltage direct current (HVDC) and offshore wind markets.
On July 1, LS Marine Solutions announced the launch of the new vessel during a steel cutting ceremony at Tersan Shipyard in Turkey.
This vessel is part of a project announced in May 2025, representing the largest subsea cable laying vessel in Korea. After approximately one year of design and preparation, the construction phase has begun, with delivery expected in the first half of 2028.
The new vessel is specialized for the installation of long-distance and large-scale subsea cables, including HVDC transmission networks and offshore wind power grids. It has a cable loading capacity of 13,000 tons, allowing for the installation of long stretches in a single trip, minimizing the number of departures and cable connection operations. This is expected to enhance construction efficiency and stability.
LS Marine Solutions aims to participate in the government's ongoing 'West Coast HVDC Energy Highway' project. Once the new vessel is delivered, it will join the existing cable laying vessel GL2030, strengthening the company's capabilities in executing large-scale domestic power grid projects.
The company also plans to expand its collaboration with LS Greenlink, its U.S. subsea cable manufacturing subsidiary. LS Greenlink is set to begin commercial production in 2028, and the company intends to accelerate its entry into the North American and European markets through a turnkey business model that combines local production and subsea construction.
An LS Marine Solutions representative stated, "With the selection of Haesong 3 offshore wind power in the fixed-price contract bidding, the possibility of LS Marine Solutions participating as the preferred negotiator for subsea cable installation has increased. We plan to continue expanding our participation in domestic and international offshore wind projects based on the new cable laying vessel."
* This article has been translated by AI.
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