Oceanteam ASA secured cable transport and extends storage contract. Further to the increased focus on cable handling and logistics, Oceanteam will assist a Chinese client to transport subsea cables from China to The Netherlands. The project will commence in first quarter of 2022 and the scope of work comprises shipping as well as spooling of cables. The two year extension of the storage contract follows a successful period of storage of a 100+ kilometer subsea cable at the Oceanteam facility in Velsen, the Netherlands, for one of the worlds leading cable manufacturers. The contract has been extended until fourth quarter of 2023.