BW Group-backed shipowner Cadeler has clinched a deal for wind turbine work in Denmark at a big daily rate.
The Oslo-listed company said it will transport and install 26 turbines of 11 MW each for Siemens Gamesa at the Aflandshage wind farm developed by Hofor, a Copenhagen utility company.
The contract for one of its O-type installation ships will pay more than 375,000 ($412,000) per day.
