DEME’s wind turbine installation vessel Norse Wind has started sea trials off Yantai, China, marking a key milestone before its scheduled delivery in late 2025.
Seaway7 has won a substantial contract from Synera Renewable Energy to handle inter-array cable transport and installation at Taiwan’s 495 MW Formosa 4 offshore wind farm, further cementing its presence in the Asia-Pacific wind market.
Skyborn Renewables has named Seaway 7 as preferred contractor for transporting and installing 63 monopiles and transition pieces at the 976.5 MW Gennaker offshore wind farm, set for 2028.
The FPSO market is forecast to climb from USD 7.42B in 2024 to USD 11.29B by 2034, driven by deepwater projects, digitalization, and LNG-ready units.
