Japanese government may subsidize cost for NEC to acquire 2 cable-laying vessels
NEC, a major Asian undersea cable group, could receive up to $500 million in Japanese government subsidies to purchase two specialized cable-laying ships, addressing national security and supply risks. The first vessel may launch by 2027, strengthening Japan’s digital infrastructure autonomy as global competition intensifies.
Malaysia’s Southern Cable Group reports significant contract for underground cable
Southern Cable Group Bhd announced that it recently secured a significant contract from Tenaga Nasional Bhd (TNB), Malaysia’s largest electricity utility company, for underground cables and conductors. A press release said that on Feb. 19, 2025, the company announced that it had been awarded contracts worth approximately $90.8 million. The contract spans one year and […]
Meta plan called ‘Project Waterworth’ calls for laying the world’s longest subsea cable
Meta Unveils Project Waterworth, the World’s Longest Subsea Cable Meta Platforms Inc. plans to build Project Waterworth, a subsea cable system spanning more than 50,000 km of fiber to connect five continents. The company describes this as the world’s longest subsea cable initiative, designed to transform global digital infrastructure. As the parent of Facebook, Instagram, and WhatsApp, Meta already drives a large share […]
Nexans reports multiple contracts for cable projects in Germany and Sweden
Nexans secured a new contract from Dutch-German transmission system operator TenneT, worth up to €1 billion under a 2023 framework agreement. Nexans will handle the engineering, procurement, construction and installation of 250 km of HVDC XLPE submarine and land cables for the LanWin 2 offshore grid connection system in the German North Sea. The LanWin 2 system […]
Taihan reports order for EHV cable from Balfour Beatty for U.K. infrastructure project
Expanding Power Infrastructure Partnerships Across Europe Taihan Cable & Solution Co. has won a $68.6 million contract from Balfour Beatty plc, one of the U.K.’s leading infrastructure companies. Under the deal, Taihan will supply 400 kV extra high-voltage (EHV) cables and accessories for a power grid replacement project in eastern Britain. Taihan Cable Balfour Beatty EHV Project Supports U.K. Energy and […]