Cadeler’s foundation installation vessel will be capable of being coverted to install wind turbine generators (source: Cadeler)
Cadeler has signed a contract with COSCO Heavy Industries to build an F-class foundation installation vessel. The US$345M contract includes an option for an additional F-class vessel, or an X-class turbine installation unit
As reported by OWJ, Cadeler recently completed a private placement, the proceeds of which will be used to finance the down payment for the vessel.
Cadeler is currently building two X-class vessels, which are due to be delivered by COSCO Heavy Industries in H2/2024 and Q1/2025.
The F-class vessel will be built with a specification similar to the two X-class vessels, providing substantial scale benefits.
The F-class can be converted from being a foundation installation unit to a wind turbine generator installation vessel within a short period of time.
The new F-class is expected to be delivered in Q4/2025. Cadeler is currently in discussion for a XL monopile foundation installation contract in the North Sea, which is expected to commence in Q2/2026.
With deck space of 5,600 m2, the F-class will have a payload of more than 17,600 tonnes. The capacity of the main crane will be disclosed at a later date.
The vessels will be able to transport and install seven complete 15-MW turbine sets per load or five sets of 20+ MW turbines, cutting down the number of trips needed for each project.
The F-class will be able to transport up to six XL monopiles weighing 2,300-2,600 tonnes per round-trip.
Among the partners for the newbuilds are GustoMSC NOV, Kongsberg, Huisman and MAN Energy.
