Cadeler has signed a firm contract with an undisclosed client for the deployment of one of its newbuild vessels at an offshore wind farm in the United States.
This will be the first time Cadeler’s second P-Class newbuild vessel, Wind Pace, will be deployed following its anticipated delivery.
The work is scheduled to begin during the second quarter of 2025 and the Wind Pace will be committed under this contract until Q1 2026.
The value of the contract to Cadeler is estimated to be between €67m and €75m.
Earlier this month, Cadeler signed two contracts with undisclosed clients for the use of its newbuild wind installation vessel, Wind Mover.
The vessel, under construction at Hanwha Ocean Shipyard in South Korea, will support operations and maintenance (O&M) activities, along with potential installation work, in Europe.
Wind Mover is scheduled for delivery in Q4 2025, while its sister vessel, Wind Maker, was delivered to Cadeler in January 2025.