Plans revealed for America’s first Jones Act-compliant cable layer

America’s first Jones Act-compliant

US offshore wind contracting newcomer Kalypso is pressing ahead with plans to build America’s first Jones Act-compliant cable laying vessel.

The New York-based outfit, led by DEME’s former project manager Colin Smith, has signed a letter of intent with Dutch shipbuilder Royal IHC for a 5,000-ton CLV that would be built in the US and brought to market in 2028.

“Kalypso’s CLV will enhance the nation’s offshore energy prospects and foster local economic growth,” said Smith.

Royal IHC chief executive Derk te Bokkel added that the development of the CLV “is a significant milestone for Royal IHC and the offshore wind sector in the US.”

The two companies said they will continue collaborating to finalise the contract, engineering, and construction details of the vessel.

Commenting on the deal, John Begala, vice president of state and pederal policy at the Oceantic Network, noted that cable installation and repair are critical, but often overlooked, functions to the offshore wind industry and that the US “must upgrade its capabilities for state and federal deployment targets to be met”.

Source: Splash247.com

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About Stu Turley 4057 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.