I don’t know what the correct term is or if it really matters what the term is. In the surface parts of the seabed, sediments are often very loose, and therefore this phenomenon often occurs. It’s probably a good idea for Cadeler to diversify its capacity with this. The linked videos were impressive.
Then my own comment on the results and future plans: Cadeler delivered impressive results again. And the guidance was quite decent in my opinion, relative to the low valuation.
But anyway, this geopolitical environment will surely benefit Cadeler (I’m referring to the Persian Gulf oil/gas crisis chaos). And that’s why the fleet is being expanded. I believe phones have been ringing off the hook trying to find alternatives to oil and natural gas. Offshore wind power is one potential solution to reduce dependence on fossil fuels, and many wind power construction companies are natively found in Europe. So I argue that analysts’ “caution” doesn’t include such a speculative but sensible aspect, but rather they have primarily seen rapid growth and risks. I could add even more, even though it’s already a large position.