Cadeler's major agreement with Ørsted reels due to political unrest

A dispute between Danish utility Ørsted and UK government on support for a giant offshore wind farm spikes concern over project viability.
Cadeler currently has two large vessels that can install wind turbines offshore with the aid of large cranes on deck. The liner has more expensive ships on the way whereof one is ordered for a collaborative project with Ørsted. | Photo: Cadeler
Cadeler currently has two large vessels that can install wind turbines offshore with the aid of large cranes on deck. The liner has more expensive ships on the way whereof one is ordered for a collaborative project with Ørsted. | Photo: Cadeler
BY DAG HOLMSTAD, TRANSLATED BY CHRISTIAN RADICH HOFFMAN

Denmark-based shipping liner Cadeler risks receiving a massive economic beating if Ørsted decided to forego or delay a giant wind farm project off the UK coast.

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