Cadeler buys Chinese-built wind turbine installation vessel

May

22

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Copenhagen-headquartered offshore wind installation player Cadeler has bought a newly constructed jackup wind turbine installation vessel (WTIV) from Shanghai Boqiang Heavy Industry.

The company acquired the 2024-built Boqiang 3060 vessel, set to be renamed Wind Keeper. The vessel is fitted with a Huisman main crane with a 2,200 t lifting capacity, Kongsberg’s DP2 dynamic positioning system, MAN-supplied engines, and a Siemens propulsion system. The vessel also boasts 120 m long jackup legs.

Cadeler expects to take delivery of the vessel in the third quarter of 2025. The price of the vessel was left undisclosed, however, the company claims that the purchase price is significantly below the vessel’s estimated replacement cost.

The Danish firm will invest in certain upgrades to improve the vessel’s operational capacity and align it with other vessels in its existing fleet. After the contemplated upgrades, the vessel will be capable of supporting new installations in the 15MW segment.

The acquisition is fully debt-financed on attractive terms, with a facility provided by DNB Bank.

“With the installed base of offshore wind turbines growing substantially, there is a greater need than ever before for reliable and flexible O&M support to ensure uptime and maximise energy production,” said Mikkel Gleerup, Cadeler’s CEO.

The post Cadeler buys Chinese-built wind turbine installation vessel appeared first on Energy News Beat.

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