South Korean yard launches lead unit of new installation vessel series for Cadeler

Launch of Cadeler's future installation vessel Wind Maker

South Korean shipbuilder Hanwha Ocean has launched the first unit in a new series of wind turbine installation vessels (WTIVs) ordered by Cadeler. The vessel, which has been named Wind Maker, is scheduled to be delivered to Cadeler in the first quarter of 2025. The GustoMSC-designed WTIV will...

https://www.bairdmaritime.com/offshore/exploration-development/offshore-construction/south-korean-yard-launches-lead-unit-of-new-installation-vessel-series-for-cadeler/

COLUMN | Augustus Gloop in wind? Cadeler; Integrated Wind Solutions and Sumitomo; North Star newbuild [Offshore Accounts]

The order book for the wind sector just continues getting larger and larger, even as companies continue not to make much money. Wind is the Augustus Gloop segment of offshore, gorged on investment, like the character in Roald Dahl’s Charlie and the Chocolate Factory, but liable to fall into a...

https://www.bairdmaritime.com/offshore/column-augustus-gloop-in-wind-cadeler-integrated-wind-solutions-and-sumitomo-north-star-newbuild-offshore-accounts/

Cadeler orders third installation vessel in series from Chinese builder

Rendering of some of Cadeler's wind installation vessels

Cadeler has placed an order for the construction of the third windfarm installation vessel in a series, which will also be the eleventh vessel to join the company’s fleet. The self-elevating vessel is scheduled for delivery in the first half of 2027. It will be built by COSCO Heavy Industries in...

https://www.bairdmaritime.com/offshore/exploration-development/offshore-construction/cadeler-orders-third-installation-vessel-in-series-from-chinese-builder/

COLUMN | Looking to the future: Petrobras newbuilds; James Fisher; Saudi Arabia’s NEOM plans; TotalEnergies and Sapura; wind bust timing [Offshore Accounts]

“Brazil is the country of the future,” goes the cliché that the Austrian writer Stefan Zweig declared in 1941 as the opening line of his book Brazil, Land of the Future. Zweig wrote in exile there, and a year later, he and his wife deliberately killed themselves with a drug overdose. Brazilians then began joking […]

The post COLUMN | Looking to the future: Petrobras newbuilds; James Fisher; Saudi Arabia’s NEOM plans; TotalEnergies and Sapura; wind bust timing [Offshore Accounts] appeared first...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-looking-to-the-future-petrobras-newbuilds-james-fisher-saudi-arabias-neom-plans-totalenergies-and-sapura-wind-bust-timing-offshore-accounts/

COLUMN | On the edge? McDermott, Petrofac, The Metals Company and Cadeler [Offshore Accounts]

Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something. Let’s check in on two construction companies, a subsea mining venture, and our favourite wind turbine installer. McDermott on the edge Finally, a judge in the UK has...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-on-the-edge-mcdermott-petrofac-the-metals-company-and-cadeler-offshore-accounts/

Ørsted, Cadeler ink long-term agreement for wind installation vessel capacity

A jackup wind installation vessel

Danish energy company Ørsted and wind installation specialist Cadeler have entered into a firm, long-term lease agreement for a newbuild offshore wind installation vessel. With the agreement, Ørsted secures installation vessel capacity from the first quarter of 2027 to the end of 2030 for upcoming construction projects. The signing of the long-term agreement discloses Ørsted […]

The post Ørsted, Cadeler ink long-term agreement for wind installation vessel capacity appeared first on Baird Maritime

https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-installation-decommissioning/offshore-construction/orsted-cadeler-ink-long-term-agreement-for-wind-installation-vessel-capacity/

COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts]

Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]

The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-correcting-course-aramco-and-jackups-siem-offshore-and-kristian-siem-ferguson-marine-mma-offshore-maersk-svitzer-offshore-accounts/

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