Brief: Cadeler Signs $345 Million Contract With Cosco Heavy Industries

Cadeler A/S

09/05/2022 12:11

May 9 (Reuters) - Cadeler A/S  CADLR.OL :
    * CADELER A/S SIGNS 345 MILLION USD CONTRACT WITH COSCO
HEAVY
INDUSTRIES TO
    * CONTRACT INCLUDES AN OPTION FOR AN ADDITIONAL X OR F-CLASS
VESSEL
    * CADELER IS CURRENTLY BUILDING TWO X-CLASS VESSELS TO BE
DELIVERED BY COSCO HEAVY INDUSTRIES IN Q3/2024 AND Q1/2025
    * CONTRACT VALUE FOR NEW BUILD VESSEL IS 345 MILLION USD
    * NEW F-CLASS IS EXPECTED TO BE DELIVERED IN Q4/2025
    * CADELER IS IN DISCUSSION FOR A MAIDEN CONTRACT CONCERNING
AN XL
MONOPILE FOUNDATION INSTALLATION CONTRACT IN NORTH SEA,
CURRENTLY EXPECTED TO COMMENCE IN Q2/2026

Source text for Eikon:  ID:nObi1MBvya 
Further company coverage:  CADLR.OL 

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