Offshore

Cadeler has ordered wind service vessels for EUR 1.2 bn in the midst of inflation crisis

In the US, the cost of a new wind vessel has skyrocketed to USD 625m, but Cadeler is confident in steering clear of inflation and higher interest rates in ship orders, says chief exec.
Photo: cadeler
Photo: cadeler
by DAG HOLMSTAD

Over the past two years, Cadeler has placed a total order for the construction of four new wind turbines for a total of EUR 1.2bn (USD 1.3bn) at the Chinese shipyard Cosco Shipping Heavy Industry.

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