Cadeler's newest installation vessel secures three-year contract

Cadeler has taken delivery of its latest acquisition, the installation vessel Wind Keeper, ahead of schedule.

The vessel has 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 jackup vessel last month and it has now officially been delivered to the company, becoming the eighth vessel in Cadeler’s growing fleet.

In conjunction with Wind Keeper’s delivery, Cadeler has also signed a 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 €210 million (US$240 million). if all options are exercised, the contract is expected to be worth in excess of €380 million (US$440 million).

Cadeler said Wind Keeper will serve as a versatile service vessel, supporting both operations and maintenance as well as transport and installation tasks for Vestas across current and future offshore wind projects.