
Hanwha Ocean Starts 390 MW Shinan Ui Offshore Wind Project
Hanwha Ocean has started construction of the 390 MW Shinan Ui Offshore Wind Project in South Korea as developer and lead EPC contractor.

Hanwha Ocean has started construction of the 390 MW Shinan Ui Offshore Wind Project in South Korea as developer and lead EPC contractor.

Hanwha Ocean has begun construction of a WTIV for Korea’s West Sea. Ordered by Ocean Wind Power 1, the vessel is scheduled for delivery in the first half of 2028 and will install 15 MW-class offshore wind turbines.

Brave Tern was detained in Esbjerg after a WTIV collision damaged turbine blades bound for RWE’s 1.1 GW Thor offshore wind farm.

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.
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