Installation Vessel News

 

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

Sep 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…

Cadeler Wins Wind Turbine Install Work in the Polish Baltic Sea

May 14, 2024

Danish offshore wind installation company Cadeler reports it has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., each a joint venture project owned 50% by Equinor and 50% by Polenergia…

Wärtsilä Lifecycle Agreement for Installation Vessel Green Jade

Apr 02, 2024

Wärtsilä reports it has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWE’s new 216 meters-long installation vessel…

Offshore Wind Vessels: Fixed vs Floating

Sep 28, 2023

How will vessel requirements in the emerging floating offshore wind industry differ from those in the existing fixed-bottom segment? Philip Lewis, director of research at Intelatus Global Partners, weighs in.See the full interview here.

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