The race to order wind turbine installation vessels (WTIVs) is heating up as more and more offshore wind farm capacity is pencilled in globally.
Clarksons Research has said growth in the WTIV market looks set to continue as owners position themselves to meet developers' demand.
"A new ordering cycle for WTIVs is developing, with future farms increasingly set to include larger turbines of above 12 MW," the research division of UK shipbroker Clarksons said in its latest offshore wind report.
