OMS signs contract for cable-laying vessels
ECONOMY & POLICY

OMS signs contract for cable-laying vessels

OMS, a Malaysian group backed by KKR, has announced the signing of a significant contract with a Dutch firm for the provision of cable-laying vessels. This strategic partnership aims to enhance maritime infrastructure capabilities, particularly in offshore projects.

The contract marks a substantial milestone for OMS, allowing the company to expand its fleet with specialized vessels designed for cable installation and maintenance. These vessels will play a crucial role in supporting various offshore operations, including renewable energy projects, telecommunications, and other critical infrastructure initiatives.

This collaboration underscores the growing importance of international partnerships in the maritime sector, as companies seek to leverage expertise and technology from global leaders. By aligning with a Dutch firm known for its innovation in marine engineering, OMS positions itself to meet the increasing demand for advanced cable-laying solutions.

As the global market for offshore infrastructure continues to grow, the need for reliable and efficient cable-laying capabilities becomes paramount. OMS's investment in this area demonstrates its commitment to enhancing operational efficiencies and expanding its service offerings.

With this new contract, OMS is poised to contribute significantly to the development of maritime infrastructure, facilitating the installation of vital cables that connect communities and support economic growth. The partnership is expected to yield benefits not only for OMS and its Dutch counterpart but also for the broader maritime industry, driving advancements in technology and operational practices.

OMS, a Malaysian group backed by KKR, has announced the signing of a significant contract with a Dutch firm for the provision of cable-laying vessels. This strategic partnership aims to enhance maritime infrastructure capabilities, particularly in offshore projects. The contract marks a substantial milestone for OMS, allowing the company to expand its fleet with specialized vessels designed for cable installation and maintenance. These vessels will play a crucial role in supporting various offshore operations, including renewable energy projects, telecommunications, and other critical infrastructure initiatives. This collaboration underscores the growing importance of international partnerships in the maritime sector, as companies seek to leverage expertise and technology from global leaders. By aligning with a Dutch firm known for its innovation in marine engineering, OMS positions itself to meet the increasing demand for advanced cable-laying solutions. As the global market for offshore infrastructure continues to grow, the need for reliable and efficient cable-laying capabilities becomes paramount. OMS's investment in this area demonstrates its commitment to enhancing operational efficiencies and expanding its service offerings. With this new contract, OMS is poised to contribute significantly to the development of maritime infrastructure, facilitating the installation of vital cables that connect communities and support economic growth. The partnership is expected to yield benefits not only for OMS and its Dutch counterpart but also for the broader maritime industry, driving advancements in technology and operational practices.

Next Story
Infrastructure Urban

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?