SeRenE and Megamas form JV to develop subsea cable vessels

Malaysia’s Semarak Renewable Energy has formed a joint venture company with Singapore-based offshore service provider Megamas Resources to develop subsea cable vessels.

The new joint venture company, to be named Semarak MIS, will develop high-tech and fuel-efficient vessels for the installation and maintenance of offshore energy cables and submarine fibre optic telecommunications cables.

According to the two companies, the collaboration supports the rapid development of the offshore wind energy sector by providing the management of the inter-array and export power cables to connect offshore wind farms to the electricity grid.

The ship was designed in collaboration with Norway’s Ulstein and will be equipped with a DP2 system and be 120 m long and 23 m wide. It will have a cargo capacity of 8,000 dwt. Operations are expected to begin in mid-2027.