The feeder wind vessel sector could be set for a lift as a flurry of offshore developments in the pipeline look likely to tighten the supply of wind turbine installation vessel (WTIV) tonnage.
Global offshore wind capacity is set to increase from 46 gigawatts by the end of this year to 250 GW in 2030, with more than 23,000 turbines expected to be installed in that period, of which the majority will be bottom-fixed.