Oceanteam Secures Cable Storage Extension
- Business & Finance
Oceanteam Solutions said it has been awarded extension of subsea cable storage contract with one of Europe’s biggest cable manufacturers.
The 6-months extension plus two times 3 months options follows two years of cable storage in Oceanteam’s 1100t carousel at its cable storage facility in Velsen, the Netherlands.
This extension is part of a contract that also includes long-term storage of subsea cables in Oceanteam’s 5300t carousel.
In 2017, Oceanteam Solutions was awarded a contract to provide port facilities, loadouts and storage of subsea cables at company’s own cable storage facility in Velsen, the Netherlands. Oceanteam Solutions also provides cable-handling crew.