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Swire Blue Ocean wants to go on the stock exchange in Oslo under a new name

Swire Blue Ocean changes name, presents new board and prepares to go public on the Oslo Stock Exchange.
9. NOV 2020 14.05
Offshore

It is not just the name that has changed at Swire Blue Ocean, which became Cadeler in October. The name change was just the first part of a change for the offshore shipping company.

Cadeler has also presented a new board of directors, with well-known names such as former EU climate commissioner Connie Hedegaard, Jesper Lok, who is chairman of the board of directors at World Marine Offshore, among others, and Richard Sell, commercial director at Swire Pacific Ocean.

In addition, the board also consists of Roy Shearer, Ditlev Wedell-Wedellsborg and Andreas Beroutsos, Cadeler informs.

Cadeler now has an ambition to be listed on the Oslo stock exchange.

- As an established company in the industry with a solid pipeline of projects, Cadeler is well positioned to consolidate its position at the top table in the offshore wind installation industry, says Mikkel Gleerup, CEO at Cadeler.

Cadeler wants to grow even larger and thus adapt to the growing market and the larger wind turbines that will be installed in the future.

- This growth will require significant capital investments and is expected to further strengthen the company's order book and operational flexibility. In addition to supporting our existing partners and customers in Europe, the growth will allow us to exploit the opportunities in new offshore wind markets, says Mikkel Gleerup.

Cadeler has completed the installation of more than 20 offshore wind projects as Swire Blue Ocean, and owns the two installation vessels Pacific Orca and Pacific Osprey.

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