Cadeler F-class can convert from being a basis set up vessel (WFIV) to a wind turbine set up vessel (WTIV)
Danish-headquartered, Oslo-listed, wind turbine set up vessel specialist Cadeler A/S has positioned an order for a second F-class vessel for supply within the second half of 2026. It will take the full variety of vessels within the Cadeler WTIV fleet to 6.
Cadeler, whose largest shareholder is a BW Group company, is presently constructing two X-class and its first F-class vessel for deliveries from second half 2024 onwards. The second F-class vessel is predicted to be delivered within the second half of 2026.
All vessels will likely be constructed on the COSCO Heavy Industries shipyard in Qidong, China, and can sail underneath Danish flag.
The F-class vessel’s hybrid design, permits it to transform from being a basis set up vessel (WFIV) to a wind turbine set up vessel (WTIV) inside a brief time period.
The first F-class vessel is being constructed underneath a $345 million contract with Chinese shipbuilder Cosco Heavy Industries that was introduced in May.
Cadeler is being extra opaque concerning the value of the second F-class. It says it “has been able to achieve a very competitive price due to a strong collaboration that the company has built with COSCO Heavy Industries, synergies reached from building several similar designed jack-ups and negotiating the option for a second F-class seven months ago. It has been agreed between the parties not to disclose the final price of the contract due to these special circumstances.”
Cadeler says the X- and F-class vessels are being inbuilt shut cooperation with its strategic companions, which embrace GustoMSC NOV, Kongsberg, Huisman and MAN Energy.
“The decision to build an additional F-class vessel is based on the strong market demand for assets specializing in installing foundations,” says Cadeler CEO, Mikkel Gleerup. “Our yet-to-be-build F-class vessels have already been sought after by our clients. As announced in August, we have signed a firm contract with Ørsted and have also entered a long-term agreement with an undisclosed client booking the F-class vessel from 2027 to 2030. These results are only possible because our clients believe in our abilities to meet their demands with increased flexibility and to offer state-of-the-art vessels that are fit to meet the requirements from the fast-growing offshore wind market.”
