Nexans to supply major Japanese shipyards

Mitsubishi Heavy Industries (MHI) and Ishikajima Harima Industries (IHI) have selected Nexans as the sole cable supplier for 39 new vessels. The French company will be supplying power, control and communication shipboard JIS type cables (Japanese Industrial Standard) worth around 16 million Euros to these two major Japanese shipyards.

The cables will be installed in 39 vessels under construction in five Japanese yards.

The selection of a single cable supplier under a frame contract is an unprecedented move for Japanese shipyards: the objective is to increase the supply?s overall reliability as well as to improve the level of compatibility between the various types of shipboard cable.

Over a three-year frame contract worth approximately 11 million Euro, Kukdong, a Nexans company based in South Korea, will be the sole supplier of JIS type shipboard cables to the Nagasaki, Kobe and Shimonoseki shipyards of MHI for installation on 23 vessels including container ships, PCTCs (Pure Car and Truck Carriers), and 78,000 m3 and 83,000 m3 capacity LPG carriers. This is the first time that a single manufacturer will supply the cables for all the ships constructed by MHI?s three shipyards. The cables should be delivered between June 2007 and October 2009.

For IHI, Nexans has signed a one-year frame agreement worth around 5 million Euros as the only cable supplier to the Kure and Yokohama shipyards for16 containers and bulk carriers. It is also unique for IHI to choose only one cable supplier for all the vessels built in its two shipyards over the year. Kukdong should deliver the cables between March 2007 and March 2008.