
Offshore Wind Vessel Demand Set to Rebound
Offshore wind vessel demand is expected to rebound in 2026 as installation activity rises and WTIV utilisation recovers across key markets outside mainland China.

Offshore wind vessel demand is expected to rebound in 2026 as installation activity rises and WTIV utilisation recovers across key markets outside mainland China.

Friede & Goldman (F&G) received DNV Main Scantling Approval for its WindSetter 146 WTIV design, allowing the project to move toward contract and construction.

Hanwha Ocean has established new subsidiaries in South Korea and Singapore to support offshore plant projects, WTIV operations and expansion in the domestic offshore wind market.

Seatrium has delivered a next-generation WTIV to Maersk Offshore Wind. The vessel targets 15+ MW turbines, carries a 1,900-tonne crane, and is set to sail in March 2026 for the Empire Wind assignment off New York.

NOV signed mid-2025 contracts to supply key equipment for a GustoMSC NG-16000X WTIV to be built by Hanwha Ocean, featuring a 2,600 tonnes crane and delivery planned for Q2 2028.

Hanwha Ocean secured a KRW 768.7 billion WTIV order from Ocean Wind Power II, with delivery set for the first half of 2028 to support Korea’s offshore wind projects.

A new study finds the offshore wind installation fleet could support around 400 GW of bottom-fixed capacity by 2030, but significant vessel newbuild investment is needed outside China.

CIMC Raffles has delivered the NG20000X-class WTIV Norse Energi to DEME in Yantai, adding a DC-based, hybrid-propulsion vessel with a 3,200 t crane for North Sea offshore wind projects.

Maersk’s new WTIV built by Seatrium has completed South China Sea sea trials and is due for delivery by 28 February 2026, following a December settlement.
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