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NKT reports plans to invest in power cable transportation as well as logistics controls

Germany’s NKT announced that, due to growing demand for power cables in the offshore industry, the company is increasing its capacity to transport and store offshore power cables from its factory in Cologne.

A press release said that due to the positive market outlook and a strong order backlog, NKT is investing in a new specially designed barge for use on the river Rhine to increase cable transportation capacity and enhance the security of delivery from its manufacturing site in Cologne. NKT will also increases capacity at its logistical center in Rotterdam, from where the offshore cables manufactured in Cologne are loaded to cable-laying vessels.

“The investment will strengthen our position as a leading provider of offshore power cables,” said Executive Vice President Mika Makela, who is heading the manufacturing site in Cologne. The barge is designed and being built by Neptune Marine for the changing conditions of the Rhine, including its ability to operate in shallow water levels. To minimize the environmental impact, the barge is powered by green electricity during cable loading at the harbor in Cologne where the factory is also powered by electricity generated from renewable energy.

NKT is strategically well-positioned to deliver power cables for the growing offshore wind sector in the North and the Baltic Sea as well as the interconnector market driven by the transition to renewable energy across Europe. The barge is expected to be fully operational by year’s end.

Read 103 times Last modified on October 6, 2020

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