Hanwha Ocean has secured an order for a wind turbine installation vessel (WTIV) worth KRW 768.7 billion from Ocean Wind Power II. The vessel is scheduled for delivery in the first half of 2028 and is currently under review for deployment across priority domestic offshore wind projects in the Republic of Korea.
The WTIV is being designed to support major developments, including the Shinan Ui offshore wind project in Jeollanam-do. Detailed operating plans are being developed. Once delivered, the vessel will be capable of installing 15 MW-class large-scale offshore wind turbines and is expected to be the largest WTIV in operation in the domestic offshore wind market.
As domestic offshore wind capacity in the Republic of Korea is expected to expand to 25 GW by 2035, the importance of foundational infrastructure such as ports and vessels is also increasing. Hanwha Ocean said it aims to support the full-scale growth of the domestic offshore wind industry by leveraging its competitiveness in large, high-value specialized vessels.
Meanwhile, Hanwha Ocean holds the strongest track record among Korean shipbuilders in this segment, having delivered four WTIVs to date.
