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…

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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