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Cadeler orders 2nd jack-up installation vessel from Cosco Heavy Industries

Image: Cadeler Cadeler x-class-rendering.jpg
Cadeler has placed an order to build its second F-class hybrid jack-up installation vessel at Cosco Heavy Industries.

It will be the sixth vessel in Cadeler’s fleet, tripling its number of vessels and creating the largest and most capable fleet of jack-up vessels in the offshore wind industry ready to meet growing market demands.

The global demand for offshore wind capacity and technological developments resulting in increasingly larger wind turbines calls for large installation vessels. As a result, Cadeler has now ordered its second F-class vessel – offering clients a unique hybrid design allowing the vessel to convert from being a foundation installation unit to a wind turbine generator installation vessel within a short period of time, commented Cadeler. 

“Due to our solid partnership with Cadeler and our strong order book of Cadeler jack-up vessels, we have been able to offer Cadeler a unique deal in the industry. We are honoured that Cadeler continues to see us as a strategic business partner that can deliver the state-of-the-art vessels that the market requires”, says YuJian, Commercial Director from Cosco Shipping (Qidong) Offshore.

Cadeler’s CEO, Mikkel Gleerup said: “The decision to build another F-class vessel is based on the strong market demand for assets specialising in installing foundations. Our yet-to-be-build F-class vessels have already been sought after by our customers. As announced in August, we have signed a firm contract with Ørsted and have also entered a long-term agreement with an undisclosed customer booking the F-class from 2027 to 2030.” 

Cadeler is currently building two X-class as well as an F-class vessel, which are set to be delivered from the second half of 2024. The new F-class vessel is expected to be delivered in the second half of 2026. All vessels will be built by Cosco Heavy Industries in Qidong, China, and will sail under Danish flag.