Cadeler has secured two contracts with undisclosed clients for its new wind installation vessel, Wind Mover. Currently under construction at Hanwha Ocean Shipyard in Korea, the vessel will support operations and maintenance (O&M) activities and potential installation work in Europe.
The contracts, part of a combined agreement, will cover the period from Wind Mover’s arrival in Europe after delivery from the shipyard until its next scheduled installation project. The estimated contract value is up to EUR 75 million, depending on the vessel’s final delivery and redelivery dates and the scope of work, which may include both O&M and installation services.
