https://paxocean.com/2024/12/10/paxocean-inks-contract-with-penta-ocean-construction-forcable-laying-vessel/ On December 10, 2024, PaxOcean announced a major contract to construct a Cable Laying Vessel (CLV), a pivotal asset for Japan’s expanding offshore wind sector. The project represents a continued partnership with Penta-Ocean Construction , underscoring both companies' dedication to advancing renewable energy initiatives.The CLV, designed by a leading European firm, will be built at PaxOcean’s Batam yard . Boasting a deadweight capacity of 14,000