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2 ships 4.2 billion yuan! COSCO to build world's largest wind power installation ship

Published：2021.07.05 News Sources：Qingdao Gute Ship Supplies Co., Ltd. Views：

2 ships 4.2 billion yuan! COSCO to build world's largest wind power installation ship

Cadeler, a Danish offshore wind power operator, has invested heavily in two of the world's largest wind turbine installers, ordered by China Shipping Heavy Industries.

On June 30, Caleder announced that after a thorough bidding process, the company has been awarded a contract to build two Class X Wind Turbine Installation Vessels (WTIV) from Cosco Marine Heavy Industries for a total order of $651 million. The first vessel is expected to be delivered in the third quarter of 2024 and has been awarded the Siemens Gamesa contract. The second vessel will be delivered in the first quarter of 2025.

That's an increase of $51 million from the $600 million the company said it would cost in its IPO prospectus last November.

The company will immediately start construction of the two new vessels, a process that is expected to take three years. However, Caleder stressed that even before the keel has been laid, the first vessel has already been awarded a contract for the installation of the Sofia offshore wind farm at RWE Renewables, the world's largest offshore wind farm. Under the project, Caleder will assist Siemens Gamesa in the transportation and installation of 100 14-megawatt wind turbines.

The Sofia offshore wind farm is located in the North Sea, about 195 kilometers off the northeast coast of the United Kingdom, with a total installed capacity of 1.4 gigawatts. The 14-megawatt wind turbine that Caleder will install is expected to be the largest wind turbine in the world, 252 meters high with a rotor diameter of 222 meters.

With the addition of the two new vessels, Cadeler will be able to double the size of its fleet. Mikkel Gleerup, CEO of Caleder, said: "Expanding our fleet is an important strategic priority to ensure that we can meet our customers' demand for greater installation capacity. By providing energy-efficient vessels with advanced technical specifications and environmental features, we are proud to be able to take this step to meet current and future industry needs. Offshore wind is playing an increasingly important role in the green energy transition and is expected to see significant growth in installed capacity in several regions in the coming years. By providing efficiency gains to wind turbine manufacturers and wind farm owners, we will be well positioned to play a significant role in cost-competitive offshore wind production."

The new X-Class wind turbine installation ship is designed to operate in some of the world's most difficult locations and is equipped with the most advanced equipment in the industry. When completed and delivered, Cadeler will have the largest fleet in the industry and an industry leader in both loading capacity and the ability to transport, service and install new generation wind turbines.

Mikkel Gleerup noted: "We are pleased to have completed our negotiations with Cosco Marine Heavy Industries and are on track to achieve this important milestone in the second quarter of 2021. Cosco was chosen because of its expertise, reliability and high standards in building integrated wind farm installations. From the outset, COSCO has made it clear that it is actively interested in working with Cadeler to deliver the new X-Class vessels, a commitment that became even clearer when we decided to purchase two of the same type vessels at once. Both vessels represent the future of our business and are state of the art in every way and are sure to set new standards for the industry."

The design of the new vessel combines Cadeler's ten years of experience in the industry with detailed feedback from our customers. Mikkel Gleerup said: "Our final design includes an upgraded lifting system and a crane compared to the original specifications of the X-Class ship. This is to better meet the needs of future wind turbines, while taking into account the latest input from customers and partners."

According to the international shipping is understood, x-rated deck of the ship has 5600 square meters area, more than 17600 tons of payload, main lifting capacity of 2000 tons, 53 m, using hybrid, one-time 7 to transport and install complete 15 mw turbines, or 5 more than 20 mw turbines, decrease the number of round trip for each project, This speeds up installation and minimizes carbon footprint.

At the same time, the ship will also plans in the design of the specific technology improvements, including a can reduce fuel consumption up to 15% of shore power connection and high fuel efficiency of the engine and optimization engine size, and a battery pack, in order to reduce the crane operation and dynamic positioning (DP) during the manipulation of fuel consumption. State-of-the-art ships will also include lifting systems and power regeneration technology for cranes.

In order to reduce its environmental impact, Cadeler also evaluated the environmental performance of the construction process in the tender. Cadeler's standards include minimizing emissions, minimizing environmental impact, accounting for carbon dioxide emissions during construction, minimizing the use of hazardous substances, requiring biodegradable fats and oils in cases where there is a risk of emissions to the environment, and that the ship must be recyclable.

Mikkel Gleerup said: "As a key contributor to the global green energy transition, Cadeler is committed to integrating sustainability into all aspects of our business. That's how our new boat was designed. Once completed, we will undoubtedly have a very modern and environmentally friendly fleet."

Cadeler, formerly known as Swire Blue Ocean (SBO), currently operates two O-class installer vessels, Pacific Osprey and Pacific Orca. Last year, the company planned to upgrade its two existing O-class ships with new cranes with a lifting capacity of up to 1,600 tonnes, enabling the ships to meet the installation requirements of all wind turbine models currently under development.

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