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

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.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading