Cadeler takes delivery of Wind Keeper and locks down first three years of utilisation with the signing of a long-term firm contract

18 Jul 2025 12:09 CEST

Copenhagen, 18 July 2025 - Cadeler has taken delivery of its latest acquisition,
the vessel Wind Keeper, ahead of schedule. The newest addition to the fleet has
today landed her first long-term firm contract with Vestas, for a three-year
period commencing early in 2026.

Cadeler announced its agreement to purchase the newly constructed jack-up
vessel, the Wind Keeper, last month and the vessel has now officially been
delivered to the company. She becomes the eighth vessel in Cadeler’s growing
fleet, further strengthening the company’s capacity to install and maintain
large-scale offshore wind projects.

In conjunction with the Wind Keeper’s delivery, Cadeler has also signed a
significant long-term contract with Vestas. The contract contemplates a firm
period of three years with additional options of two and a half years in
aggregate. The firm value of the contract to Cadeler is approximately EUR 210m;
if all options are exercised, the contract is expected to be worth in excess of
EUR 380m.

Wind Keeper will serve as a versatile service vessel, supporting both operations
and maintenance (O&M) as well as transport and installation (T&I) tasks for
Vestas across current and future offshore wind projects.

Wind Keeper departed China on route to Europe earlier in July, where, ahead of
contract commencement in Q1 2026, she will undergo tailored upgrades to enhance
her operational capacity and align her onboard capabilities with the rest of
Cadeler’s fleet. She will be equipped with seafastening for three sets of the
Vestas V236-15.0 MW turbines and will be upgraded to support installations in
the growing 15 MW segment.

Mikkel Gleerup, CEO of Cadeler, comments: “This first contract for Wind Keeper
is exactly why we made the strategic decision to acquire her. We see increasing
demand in Europe for flexible, high-performance vessels that can support both
O&M and installation scopes, and she fits that profile perfectly. After a series
of upgrades to enhance her capabilities, Wind Keeper will be ready to support
our trusted partners from 2026. We’re proud to see our vision come to life and
grateful to Vestas for the trust they’ve placed in us.”

“Wind Keeper brings immediate value to Cadeler’s fleet. Her dual capability
across installation and service scopes makes her a key asset as we support the
construction and long-term maintenance of offshore wind farms in the years
ahead,” Mikkel Gleerup added.

A Keeper, built for next-generation offshore wind

Cadeler announced the acquisition of Bo Qiang 3060 last month from Shanghai
Boqiang Heavy Industry Group Co. The acquisition was completed at a price
significantly below her estimated replacement cost and is fully debt-financed on
favourable terms through DNB Bank ASA.

Constructed in 2024 and equipped with advanced European systems, including a
Huisman main crane with a 2,200-tonne lifting capacity, Kongsberg’s DP2 dynamic
positioning, MAN engines, and Siemens propulsion, the vessel is uniquely
designed for the demanding global O&M market. Her 120-meter jack-up legs will
allow her to operate efficiently even in deep and harsh offshore conditions.

Cadeler will rename the vessel to Wind Keeper, a name that reflects both her
enduring value and her core role in safeguarding offshore wind production. As a
rare and strategic addition to the fleet, she is built to ensure the upkeep of
renewable energy infrastructure and contribute to the resilience and reliability
of the offshore wind sector.

Wind Keeper becomes the eighth vessel in Cadeler’s growing fleet of jack-up
vessels, with another four currently under construction with upcoming
deliveries.

For further information, please contact:  

Cadeler Press Office
press@cadeler.com

Mikkel Gleerup 
CEO, Cadeler 
+45 3246 3102 
mikkel.gleerup@cadeler.com  

Alexander Simmonds 
EVP & CLO, Cadeler 
+44 7376 174172
alexander.simmonds@cadeler.com 

More information:
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651507_Cadeler - Press Release - Cadeler takes delivery of Wind Keeper and locks down first contract - 18.7.2025.pdf