Cadeler A/S confirms that it has placed an order to build its third A-class wind farm installation vessel. This will be the eleventh vessel in Cadeler?s fleet. With the continuing expansion of the industry?s fleet of jack-up offshore wind installation vessels, Cadeler is ready to meet growing market demand.

The global demand for increasingly technologically advanced offshore wind farm installation vessels is driven by the expansion of the offshore wind industry generally as well as the growth in size and capacity of offshore wind turbines. Responding to that demand, Cadeler has now entered into a binding contract for the manufacture and delivery of its third A-class vessel ? Wind Apex.

The hybrid design of Cadeler?s A-class vessels offers Cadeler?s clients unique flexibility, as each A-class vessel can convert from being a foundation installation unit to a wind turbine generator installation vessel within a short period of time. Cadeler already has two P-class, two M-class and two A-class vessels under construction. This third A-class vessel set to be delivered in H1 2027, will be built by COSCO Heavy Industries in Qidong, China, to design standards that will permit it to sail under the Danish flag.

Cadeler has been able to achieve a very competitive price for this third A-Class vessel due to the strong collaboration that Cadeler has built with COSCO Heavy Industries, synergies from building several similarly designed jack-ups, and the fact that Cadeler negotiated an LoI for this vessel in 2022. The contract price for the delivery of this third A-class is approximately USD 400 million.