Cadeler signs long-term deal with Ørsted for offshore wind vessel

Denmark-based Cadeler has inked a long-term lease deal with Ørsted for a newbuilt wind farm installation vessel.

The signing of the agreement discloses Ørsted as the client in Cadeler’s announcement made on October 12, 2022.

“We are proud and pleased to strengthen the cooperation once again with Ørsted,” said Mikkel Gleerup, chief executive of Cadeler in a statement.

The agreement involves booking a new-built A-Class vessel from Cadeler which can transport and install both foundations and turbines (WTGs).

The agreement spans from the beginning of 2027 to the end of 2030.

Under the long-term deal, Ørsted will have access to one of Cadeler’s new-build A-Class vessels.

These A-Class newbuilds are designed to transport up to six XXL monopile foundations per round trip.

Additionally, they can be swiftly converted from foundation installation vessels to wind turbine generator installation vessels and can transport and install seven complete 15-megawatt turbine sets per load or five 20+ megawatt turbines.

As it is claimed by Cadeler, this efficiency reduces the number of trips required for each project, ultimately accelerating the installation speed.

Mikkel Gleerup, chief executive of Cadeler, pointed out: “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.”

Patrick Harnett, chief operating officer at Ørsted, noted: “Securing long-term capacity with strategic suppliers is key for Ørsted to build collaboration and together manage risks and execution of our offshore wind construction program towards 2030 and beyond.”