# Kongsberg Maritime wins NOK 350 million contract from COSCO for Cadeler jack-up vessel

Kongsberg Maritime secured a contract from COSCO Shipping Heavy Industry to supply a technology package (electrical, automation, propulsion systems) for a Wind Turbine Installation Vessel being built for Cadeler at COSCO's Qidong yard. The contract value is approximately NOK 350 million.

- Type: Contract
- Announced: 2024-08-26
- Where: Qidong, China, China
- Value: $33.0M (350.0M NOK)
- Status: announced
- Products: electrical system, automation system, propulsion system, dynamic positioning system
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Kongsberg Maritime](https://endata.com/companies/1991.md) (supplier)
- [Cosco Shipping Heavy Industry](https://endata.com/companies/6990.md) (customer)
- [Cadeler](https://endata.com/companies/13479.md) (customer)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/uk/kongsberg-maritime/pressreleases/cosco-orders-kongsberg-maritime-technology-package-for-fifth-cadeler-jack-up-newbuild-3338757), 2024-08-26: "Kongsberg Maritime has secured a contract from COSCO Shipping Heavy Industry to supply a package of mission-critical technology for its latest Wind Turbine Installation Vessel."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.