+
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
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?