Subsea Americas 2019 dived deep into the current challenges and opportunities for Subsea connectivity players in the Americas. Geopolitical issues, including the China-US relationship, have caused friction with Chinese vendors, compounded by regulatory challenges such as FIRRMA and Executive Order 13873. In addition, licensing and permitting has also been restricted by red tape. Supply chain issues including the manufacture of subsea cables and a lack of ships has also been problematic for the industry. In Latin America, growing demand and competition is driving accelerated price erosion rates across the region. However, the Subsea industry has found various ways to adapt to these challenges. Some of these discussed at Subsea Americas included the increased OTT investment in cables, particularly on the production side – providing the opportunity to alleviate supply chain issues. Additionally, discussions around cable lifespans have also shown a willingness in the industry to ensure efficiency in how best to provision Subsea connectivity in the most cost-effective manner.
17-18 November 2020
Washington DCMore Info