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WTIV

Hanwha Ocean Wins KRW 768.7bn WTIV Contract

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.

Offshore Wind Fleet Can Deliver 400 GW by 2030

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.

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