Cadeler contract for X-class turbine vessel

Hannah Sundermeyer Digital Editor, American Cranes & Transport

01 July 2021

Oslo, Norway-listed Cadeler has signed a newbuild contract with Cosco Shipping Heavy Industry for the construction of two new X-class wind turbine installation vessels. Cadeler said the vessels are worth US$325.5 million each, up from a previously estimated $300 million.

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