Orsted, Cadeler Sign Long-Term Agreement for Offshore Wind Installation Vessel


Ørsted and Cadeler have signed a long-term lease agreement for a new-build wind farm installation vessel, with Ørsted securing the vessel from 2027 to the end of 2030 for construction projects.

Under the agreement, Ørsted will have access to one of Cadeler’s new-build A-Class vessels, designed to transport up to six XXL monopile foundations per round trip, says the company. Additionally, the vessels can be converted from foundation installation vessels to turbine generator installation vessels. 

“We are proud and pleased to strengthen the cooperation once again with Ørsted,” says Mikkel Gleerup, CEO of Cadeler. 

“Our commitment to our partners is to build trust first and foremost, minimizing project risks, and offering unrivaled fleet flexibility and supply certainty. This helps our partners succeed in timely delivery of projects and within budget. We have ambitiously invested and poured our unique know-how into our new-build wind turbine installation vessels to create security in our part of the value chain. And we’re ready to handle the largest and most complex next-generation offshore wind installation projects. Our ambition is to help our partners install and realize the offshore wind farms needed for the world’s energy transition.”

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