Cadeler is taking time to evaluate new business in busy offshore wind vessel markets, according to boss Mikkel Gleerup.

The world’s biggest wind turbine installation vessel owner is regularly approached with new proposals, but prefers to be selective, the chief executive of the Oslo and New York-listed group told TradeWinds.

The BW-backed, Denmark-based company, which merged with Scorpio Group’s Eneti last year, has upsized its green loan facility with Standard Chartered by €45m to €125m ($140m), which will allow it to “seize market opportunities as they rise”.