Cadeler Orders Two Giant Offshore Wind Installation Vessels in $938 Million Fleet Expansion

Cadeler is pushing ahead with another major expansion of its offshore wind installation fleet, placing firm orders for two new T-class vessels designed to handle the increasingly large turbines and complex projects expected to enter the market next decade.

The Copenhagen-based company said Monday it signed contracts with COSCO Shipping Offshore in Qidong, China, for the two vessels, with deliveries scheduled for 2030 and 2031.

The contracts are valued at approximately EUR 805 million ($938 million) combined.

Cadeler describes the T-class vessels as the largest and most capable offshore wind installation vessels it has developed to date. The ships