Offshore wind energy installation specialist Cadeler has inked a large contract with manufacturer Vestas.
One of Cadeler’s O-class installation vessel will be mobilised to work with Vestas until the vessel’s planned upgrade, which is scheduled for the fourth quarter of 2023.
Additionally, Cadeler has secured another preferred supplier agreement with an undisclosed client. The contract covers the transport and installation of next generation wind turbines, with a tentative contract value above EUR45 million (USD50 million).
Cadeler’s two O-class installation vessels, Wind Orca and Wind Osprey, have been active throughout 2021. Looking ahead, both vessels will continue to be busy installing turbines in European waters.
Wind Orca is soon scheduled to embark for the Seagreen offshore wind farm project off the coast of Scotland to replace Wind Osprey, which in turn will start working on the Hollandse Kust Zuid project. After Seagreen is finalised, Wind Orca will move to the new contract with Vestas. The assignment will be finished in time for both O-class installation vessels to have their main cranes exchanged for new and significantly upgraded versions in 2024.
The new cranes will provide a lifting capacity of 1,600 tonnes at a radius of 40 m, with the main hook at a height of 160 m above the main deck
Mikkel Gleerup, ceo at Cadeler, said: “The contract with Vestas adds yet another important project to our strong order backlog and further highlights our close relationship with clients in the industry. The contract further ensures strong utilization of our assets prior to the new cranes being installed.
“The fact that we also add another undisclosed preferred supplier agreement to the backlog of the O-class vessels, is a great achievement. These two agreements serve as proof of concept for our strategic approach to asset upgrades and is demonstrating the superior competitiveness of the O-class vessels”.