ABS Sees Floating Offshore Wind Driving Surge in Demand for Support Vessels

Floating offshore wind is set to create a new wave of demand for high-specification offshore support vessels, with supply constraints potentially emerging before the end of the decade, according to a new report from classification society ABS.

The report, Floating Offshore Wind and the Vessels That Support It, produced in collaboration with Intelatus Global Partners, concludes that demand for large anchor handling tug supply vessels (AHTSs) and multipurpose support vessels (MPSVs) will increase significantly as floating wind projects move from demonstration phases to commercial-scale deployment. 

ABS says the industry’s existing offshore oil and gas fleet provides a strong foundation, but