December 2025
ARTICLES
Building resilience into the offshore wind fleet
Rising project costs and shifting forecasts are reshaping offshore wind’s growth path; however, vessel design and hybrid technologies can help owners build flexibility and long-term resilience.
What happens when the world’s fastest-growing renewable suddenly faces an 80 percent rise in costs? For offshore wind, the answer lies in smarter ships, not smaller ambitions. According to Bloomberg and Pareto Securities Equity Research, offshore wind project costs have climbed by roughly 80 percent since the 2021-2022 final-investment-decision window. Forecasts for cumulative installed capacity […]
APAC’s offshore wind market drives capacity and installation vessel demand
Ambitious 2030 CAGR targets look to be a step too far, but groundwork has been laid for the future.
The APAC region (excluding China) has circa 6 GW of offshore wind capacity installed, forecast to increase to 21 GW by 2030 and up to 220 GW by 2050, representing a CAGR of 16 percent out to 2050. The region is expected to have a 12 percent market share by 2030, increasing to 19 percent […]
