Today, Cadeler A/S has signed two contracts with undisclosed clients for the utilization of its newbuild wind installation vessel, Wind Mover. The vessel, currently under construction at Hanwha Ocean Shipyard in Korea, will support operations and maintenance (O&M) activities, along with potential installation work, in Europe.
The contracts, which are part of a combined agreement, will cover the entire period from Wind Mover’s arrival in Europe following its delivery from the shipyard, up until the vessel's next scheduled installation project. The total estimated contract value is up to EUR 75 million, depending on the final delivery and redelivery date of the vessel and the scope of work, which may include both O&M and installation services.
