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Installation Vessels News

08 Jan 2025

Van Oord Takes Delivery of Giant Offshore Installation Vessel Boreas

Boreas vessel (Credit: Van Oord)

A brand-new offshore installation vessel Boreas has been handed over to Van Oord during a festive ceremony at the Yantai CIMC Raffles Offshore shipyard in China.The Boreas, named after the Greek god of the Northern winds, is purpose-built for the transport and installation of the next generation of foundations and turbines at offshore wind farms.The vessel will be the largest of its kind once operational, according to Van Oord.It measures 175 meters in length and has a 155-metre-high boom…

09 Jul 2024

Huisman Set to Equip Cadeler’s OW Jack-Ups with Cranes and Installation Tools

(Credit: Huisman)

Huisman has signed two contracts for the supply of cranes and installation tools for Cadeler’s A-Class newbuild offshore wind farm installation vessels.The first contract is for the design and construction of a Leg Encircling Crane (LEC) and a Pedestal Mounted Crane for Cadeler’s latest A-Class new build vessel.The other is for an Upending Frame and Monopile Storage System to be installed on the Wind Ally, another A-Class jack-up vessel in Cadeler’s fleet.COSCO has awarded Huisman the contract for a 3…

16 Jun 2023

Cadeler and Eneti Agree to Merge

(Image: Cadeler)

Offshore wind turbine and foundation installation companies Cadeler and Eneti announced they have agreed to merge through a stock-for-stock exchange.The combined company will be named Cadeler, headquartered in Copenhagen, Denmark, with its shares to be listed on the New York Stock Exchange (NYSE) in addition to its current listing on the Oslo Stock Exchange (OSE) with a proforma market capitalization in excess of €1.2 billion. The combined group will operate four vessels on water today and six large-scale state-of-the-art new builds scheduled for delivery from 2024 to 2026.

The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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