Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

Greg Trauthwein
Monday, September 11, 2023

Floating offshore wind is an emerging technology with strong potential to become a major energy source. A fleet of specialized vessels will be required to help grow grid-connected floating wind capacity from 200 megawatts at the end of 2022 to a projected 61 gigawatts by 2035. The available market for vessel owners, ranging from pure T&I to full floater EPCI scopes of work, amounts to $28-145 billion in the period, according to a new report from Intelatus Global Partners. The firm’s research director, Philip Lewis, joins Offshore Engineer TV to discuss opportunities and challenges on the road ahead.

Categories: Energy Vessels Offshore Wind Support Vessel Renewables Installation Vessel

Related Stories

Sumitomo Corporation Global Metals, TFI Marine Introduce Mooring Solutions to Floating Offshore Wind

Acta Marine Christens Vestas-Chartered CSOV Newbuild

Van Oord Names Next-Generation Fallpipe Vessel Pair

Current News

Sumitomo Corporation Global Metals, TFI Marine Introduce Mooring Solutions to Floating Offshore Wind

FET Appoints Amariko as Dynacon Representative in Japan

Chevron Joins SLB, TotalEnergies Digital Subsurface Collaboration

Normand Maximus CSV Set for $125M Ownership Transfer

Subscribe for OE Digital E‑News