ZMS Cable Revenues Grow by 32% in 2023

ZMS Cable Products

In 2023, ZMS Cable company's annual revenue increased by 32% based on year 2022. With the acceleration of the installation of new energies such as wind and photovoltaics, new energy cable orders increased significantly. And in 2024, submarine cable orders will experience explosive growth.

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Three Submarine Cables in the Red Sea Interrupted, Houthis Deny Attack

Ship attacked in the Red Sea

Three submarine cables in the Red Sea, that provide global internet and telecommunications services, have been cut, The Associated Press reported on 4 of March. These cables include the Asia-Africa-Europe 1, el Europe India Gateway, Seacom y TGN-Gulf, and affect approximately 25% of Red Sea data transmission volume. The disruption has caused concerns as the Red Sea is a vital route for transporting goods and energy from Asia and the Middle East to Europe., as well as for data transmission from Asia to Europe.

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ZMS CABLE Partners with Worley to Supply Cables for the EACOP Project

Construction of the EACOP project

ZMS CABLE has entered into a partnership with global engineering firm Worley to supply the cable infrastructure for the East African Crude Oil Pipeline project (EACOP, for its acronym in English). This collaboration aims to provide essential support for energy distribution in the region through the EACOP project, which is expected to play a key role in the development of the energy sector in East Africa.

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Latin America Moves Towards Zero Net Emissions with the Boost in Renewable Energies for 2050

New energies for Latin America

Latin America faces a transformative opportunity and a colossal challenge: achieve net zero emissions by the year 2050. This ambitious goal, supported by the Latin American Energy Organization (Olade), requires a massive reorientation in the way the region generates and consumes energy. With an estimated investment of 1.9 billions of dollars, The aim is not only to triple the region's electricity generation capacity but also to profoundly reform its energy matrix., placing renewable energies at the center of this new energy panorama.

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The EU will launch a Network Action Plan

EU Energy Network

In an ambitious effort to transform energy generation from fossil to clean sources, The European Commission has presented a strategic plan, the “Network Action Plan” for the electrical network. With a planned investment of 584 billion euros for 2030, EU aims for massive upgrade of European power grid lines. The objective is to improve the flexibility of the network and accelerate the integration of clean energy, marking a significant change in the continent's energy paradigm.

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A Warm Christmas Greeting from ZMS CABLE

Merry Christmas ZMS Cable

As the lights twinkle and the trees are decorated, At ZMS CABLE we get wrapped up in the festive spirit, looking forward to sharing this joy with each of you. To our dear clients and partners, We extend our warmest wishes for a Merry Christmas and a Happy New Year.

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