Business Sectors
Business Sectors
Events
Contents
Register to read more articles.
Megamas signs LOI with shipyard for new cable layer
A German shipbuilder is set to construct a new cable-laying vessel to support offshore energy and telecommunications projects from 2028
Malaysia’s Megamas Resources has signed a letter of intent (LOI) for an 8,200-dwt cable layer from German shipyard Lloyd Werft Bremerhaven. It will use a specialised design from Ulstein Design & Solutions after Megamas signed a contract with the Norwegian group.
“This contract marks a significant milestone following the LOI signed in May between Megamas and Lloyd Werft, paving the way for the potential construction of a multipurpose cable laying vessel. Today’s agreement represents the first formal step toward realising this project,” said Megamas Resources managing partner Tiew Sien Kheng.
“Ulstein Design & Solutions, together with Lloyd Werft, will contribute its extensive expertise to deliver a high-specification, specialised vessel.”
Conceptual design work began in Q3 2023, centred on the Ulstein SX228 design for a next-generation fibre-optic cable laying vessel to meet the changing expectations of the subsea telecommunications and renewable energy industries.
This 122-m vessel will have a cable capacity of 5,500 tonnes, a beam of 23 m and an underdeck carousel integrated into the cable tanks,
Ulstein said this vessel has been optimised for laying fibre-optic cables and will be prepared for future power cable operations. It will be equipped with two firing lines and all necessary cable handling equipment within an enclosed working area, and a hangar for a cable trencher, a 50-tonne A-frame and a bollard pull capacity of up to 120 tonnes for subsea ploughing.
“Developed in collaboration with Crewstone International Private Equity & Investments, the project addresses the global shortage of specialised offshore vessels,” said Capt Kheng. “The vessel is designed to meet DNV’s clean (design) and recyclable class notations, underscoring Megamas’ commitment to sustainable practices and environmentally responsible shipbuilding.”
Riviera’s Offshore Support Journal Conference, Asia 2025, the largest forum for vessel owners, designers, shipbuilders, charterers and suppliers within the OSV sector in Asia, returns to Singapore on 9-10 September 2025. Use this link to register your interest in attending this premier event.
Related to this Story
Events
Maritime Regulations Webinar Week
16 Dec 2025
GMT - ONLINE
Floating energy: successfully unlocking stranded gas using FLNGs and FSRUs
24 Feb 2026GMT - ONLINE
© 2026 Riviera Maritime Media Ltd.
