Cadeler, a Danish offshore wind power operating company, has invested heavily in COSCO SHIPPING Heavy Industry to order two of the world's largest wind turbine installation vessels.
On June 30, Caleder officially announced that after a comprehensive bidding process, the company has signed two X-class wind turbine installation vessels (WTIV) construction contracts with CHI, with a total order of 651 million U.S. dollars (approximately RMB 4.207 billion).
Among them, the first ship is expected to be completed and delivered in the third quarter of 2024, and has been awarded the operation contract of Siemens Gamesa, and the second ship will be delivered in the first quarter of 2025.
It is worth mentioning that this cost has increased by 51 million U.S. dollars (about 330 million yuan) compared with the total cost of 600 million U.S. dollars mentioned in the IPO prospectus of Caleder in November last year.
COSCO SHIPPING (Qidong) Offshore will immediately start the construction of these two new ships, and the entire construction process is expected to take three years.
With the addition of these two new ships, Cadeler's fleet will be able to double in size.
Source: Sarah Yu, XINDE MARINE NEWS
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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