Cadeler News

Cadeler in Talks to Order Offshore Wind Foundation Installation Vessel

May 04, 2022

Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…

Offshore Wind Installation Firm Cadeler Names TORM's Hansen Its New CFO

Mar 31, 2022

Offshore wind turbine installation services company Cadeler has appointed Peter Brogaard Hansen as its next Chief Financial Officer (CFO). He will assume his position starting from June 1, 2022.Peter Brogaard Hansen is currently Vice President…

Offshore Installation Firm Cadeler Returns to Profit as Annual Revenue Triples

Mar 29, 2022

Offshore wind installation company Cadeler said its 2021 revenue had tripled compared to 2020. The Danish firm also said it had returned to profitability.The revenue for 2021 totaled EUR 61 million, an increase of 212% against EUR 19.5 million in 2020…

Loaded with 11MW Turbines, Cadeler's Wind Osprey Jack-Up Sets Off for HKZ Wind Farm

Apr 18, 2022

Danish Offshore wind turbine installation firm Cadeler is set to start installing giant 11MW wind turbines at Vattenfall's Hollandse Kust Zuid (HKZ) offshore wind farm in the Dutch North Sea.Cadeler over the weekend said that the Wind Osprey…

Cadeler Secures Work of O-Class Offshore Wind Turbine Installation Vessels

Jan 27, 2022

Offshore wind turbine installation company Cadeler A/S said Thursday it had won an important contract with wind turbine maker Vestas, and entered a reservation agreement with an undisclosed client. 'The agreements ensure optimal utilization…

First Turbine Installed at World's First Subsidy-free Offshore Wind Farm

Apr 21, 2022

The first turbine was installed earlier this week at Vattenfall's Hollandse Kust Zuid offshore wind farm in the Dutch North Sea, Jochen Eickholt, CEO of wind turbine maker Siemens Gamesa Renewable Energy, said in a social media post.Eickholt said: 'In a milestone moment yesterday…

Interview: Inside Cadeler X-Class WTIVs with CEO Mikkel Gleerup

Feb 18, 2022

Cadeler CEO Mikkel Gleerup shares insights on the path ahead for his company in the fast-growing offshore wind sector, with details on Cadeler’s new X-Class Wind Turbine Installation Vessels.The last two years were big year for your company…

Demand for Vessels Capable of Installing Giant Offshore Wind Turbines to Outpace Supply by 2024, Rystad Says

Feb 02, 2022

Offshore wind turbine makers have been working to build increasingly bigger turbines, and the likes of GE, Siemens Gamesa, Vestas, and MingYang have in the past two years or so unveiled designs for giant 14-16MW rated units.It has been said that larger turbines…

Cadeler, Ørsted Firm Up German Offshore Wind Turbine Installation Deal

Nov 11, 2021

Offshore wind installation services company Cadeler has signed a firm contract with Ørsted for a wind turbine installation vessel to be used on Ørsted’s two German offshore wind projects, Gode Wind 3 and Borkum Riffgrund 3.The firm contract…

Huisman's Cranes for Cadeler's New Wind Turbine Installation Vessels

Dec 01, 2021

Dutch offshore crane maker Huisman has secured a contract from China's COSCO Shipping (Qidong) Offshore Co., Ltd. to design and build two >2,000mt Leg Encircling Cranes (LEC) for Cadeler's recently ordered two new build X-class vessels.The identical…

Cadeler Nets Offshore Wind Installation Deal for O-Class Jack-up

Nov 04, 2021

Offshore wind installation contractor Cadeler said it has secured a preferred supplier agreement with an undisclosed client for the transport and installation of next-generation wind turbines.The final contract value has been estimated at over 45 million euros ($52 million)…

Scotland's Largest: First Turbine Installed at Seagreen Offshore Wind Farm

Dec 09, 2021

The first offshore wind turbine has been installed at Seagreen, an SSE-TotalEnergies project which will become Scotland’s largest and the world’s deepest fixed bottom offshore wind farm once complete.The installation of the first Vestas V164-10…

Van Oord Hires Cadeler to Assist with Hollandse Kust Noord Offshore Wind Farm Work

Oct 12, 2021

Dutch marine contractor Van Oord has selected Danish offshore installation specialist Cadeler to assist it with executing the Hollandse Kust Noord offshore wind project in the Netherlands.Hollandse Kust Noord will be completed in 2023 and will have 69 x 11MW turbines…

Cadeler's Wind Osprey Jack-up Selected for German Offshore Wind Projects

Oct 08, 2021

Danish offshore wind installation firm Cadeler has been chosen as a preferred supplier of wind turbine generator installation vessels by Ørsted for the combined Gode Wind 3 & Borkum Riffgrund 3 projects in the German North Sea.The award covers…

Ørsted Finds Buyer for 50% Stake in 900MW German Offshore Wind Farm

Oct 20, 2021

Danish renewables firm Ørsted A/S said on Tuesday it had signed an agreement to sell 50% of its 900-megawatt (MW) German offshore wind farm Borkum Riffgrund 3to fund manager Glennmont Partners.Ørsted said the around 9 billion Danish crown ($1…

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