Blue Offshore Leases Equipment to NSW (The Netherlands)

March 21, 2011

Blue Offshore has been awarded a lease agreement for a subsea cable installation system by Norddeutsche Seekabelwerke GmbH (NSW). The system includes the uniquely adaptable modular turntable system, loading arm assembly, tensioners, trackways and associated equipment, to assist with the installation of submarine transmission cables. The order value has not been disclosed, with mobilization beginning in 2012.

“Blue Offshore’s proposal further supported by the outstanding experience and know how of its senior management team were key for NSW. The offered solution supports perfectly NSW’s market position as a high quality, high performance turnkey contractor for submarine power cable projects”, states Thorsten Schwarz, Managing Director at NSW.

Blue Offshore director Evert-Jan van Wijk concludes: “This agreement is a milestone in Blue Offshore’s short history and we would like to thank NSW for their confidence and trust in our solution. We are looking forward to a long cooperation with NSW in the coming decade of international challenging renewable cable installation projects”.

About NSW

Norddeutsche Seekabelwerke GmbH (NSW), a wholly-owned subsidiary of General Cable since 2007, has been one of the world’s leading companies in the field of submarine telecommunication cables for over 111 years. Founded in 1899, NSW installed its first significant submarine telecommunication cable of approximately 7,993 kilometers in 1904. NSW and its more than 500 employees advise and support customers all over the world.

About Blue Offshore

Blue Offshore is an independent specialist marine engineering contractor providing all the products and services required for subsea cable installation. Blue Offshore was founded in 2010 and holds office in The Hague, The Netherlands.

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Source:blueoffshore , March 21, 2011