Cadeler Signs Order with COSCO SHIPPING for Two X-Class Wind Turbine Installation Vessels
Cadeler, a key supplier within the offshore wind industry for installation services, operation, and maintenance works has awarded COSCO SHIPPING Heavy Industry the contract to build two new wind turbine installation vessels (WTIVs). The total order amounts to USD 651 million. The new vessels will, upon completion, be the largest in the industry. The first X-class vessel will be ready by Q3/2024 and has already been commissioned for its first project by Siemens Gamesa
Cadeler is delighted to announce that negotiations with COSCO SHIPPING Heavy Industry Co. Ltd. have been finalized and a contract for construction of two new state-of-the-art wind turbine installation vessels has been signed after a thorough tender process. The two X-class vessels are set to be delivered by Q3/2024 and Q1/2025 respectively. The contract amounts to USD 325.5 million per vessel. The addition of two new vessels will double the size of the current Cadeler fleet.
Full details of the Caleder order with COSCO SHIPPING Heavy Industry…
can be found on this link