Cadeler confirms major order – wants bigger slice of wind market

Cadeler has secured a final agreement with a Chinese yard on a triple-digit million-dollar order for a new ship following a capital injection last week. The new ship is meant to provide access to additional corners of the wind market.

Mikkel Gleerup, CEO, Cadeler. | Photo: cadeler

Wind service operator Cadeler has bagged a final contract with a Chinese shipbuilder on construction of a vessel, whose order amounts to USD 345m.

The order has been placed after Cadeler last week announced a capital injection of DKK 635m (USD 90m) via a private placement with the purpose of further expanding the carrier’s fleet. On this occasion, the company elaborated that it was in ”advanced discussions” on a potential order for an F-class vessel slated for delivery in the fourth quarter of 2025.

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