Alcatel hit by cable downturn
Company News - September 12, 2003
Fairplay (www.fairplay.co.uk) reports that the severe downturn in the cable-laying sector has claimed another victim: the 2002-built Ile de Sein, operated by the Alcatel/Louis-Dreyfus venture ALDA, is to be laid up in Dunkirk until at least the end of the year.Fairplay said the ship is one of four vessels in the ALDA fleet, all of which have had problems finding employment.
The lay-up comes as Alcatel Submarine Networks, the submarine cable division of the French telecommunications giant, plans to make 110 of its 700 employees redundant.
ALDA's difficulties mirror the tough times faced by France Telecom Marine. Its 18-month old cable layer René Descartes has enjoyed only one short commission since delivery and remains in lay-up at La Seyne-sue-Mer, near Toulon.
Brokers in Paris told Fairplay that both Alcatel and France Telecom have tried to charter the ships out but found no takers.
More articles from this category
More news
- Acergy Havila on sea trials
Vessel & ROV News - September 3, 2010 - Hallin completes installation of huge tidal turbine
Projects and Operations - September 3, 2010 - SapuraAcergy chooses 6G acoustic positioning technology
Equipment & Technology - September 3, 2010 - More Gorgon work for Neptune Marine Services
Contracts, Tenders and Rates - September 3, 2010 - Offshore Ship Designers helps to harness marine renewable energy
Company News - September 3, 2010 - Ezra Holdings prepares for growth with rights issue
Company News - September 3, 2010 - Maersk Supply Service "faces challenging market conditions"
News - September 2, 2010 - Huisman delivers knuckleboom crane for Subsea 7 pipelay vessel
Equipment & Technology - September 2, 2010 - Polarcus takes delivery of Polarcus Asima
Vessel & ROV News - September 2, 2010 - Kleven Verft to build two new multi-purpose vessels for Olympic
Vessel & ROV News - September 2, 2010 - Lamnalco Mallard completes latest tanker offtake project
Projects and Operations - September 1, 2010 - Decom North Sea launches project to help supply chain win decommissioning work
News - September 1, 2010 - SeaBird locates VP of geophysics in Houston Office
Company News - September 1, 2010 - Havyard Group signs contract for Havyard 832 L for Supply Service
Yard News - September 1, 2010 - Polarcus positioning contract for Veripos
Equipment & Technology - September 1, 2010
