← Back to Resources
SOV in a wind farm

Market Appetite for SOVs grows

The demand for SOVs has grown 300% in the last 8 years, driven almost entirely by the offshore wind industry. The relatively small asset class is in such high demand that more SOVs are currently in construction than operational. In this insight, we explore how older conversions from other support vessels are rising to support the rising demand in this class.

Published on
September 5, 2023
Share on
linkedin
Photo of Drashya Goel
Drashya Goel
Marketing Content Manager

Similar contents

photo of a windfarm
infographics

Growth in the Subsea Cable industry

The demand for subsea cable installation for offshore wind continues to rise, with 2,800+ days contracted in 2022 alone. Traditional shipowners dominate the market, but OEMs are making a comeback. The industry presents significant opportunities for those willing to invest in their capabilities.
April 26, 2023
Photo of Drashya Goel
Drashya Goel
Marketing Content Manager
infographics

Offshore wind: Installation time per MW drops

Almost 550 wind turbines will be installed offshore Europe in 2019, 50% more than 2018. Installation time per MW is dropping.
October 16, 2019
Photo of Drashya Goel
Drashya Goel
Marketing Content Manager
offshore wind
infographics

Saipem-Subsea 7: A potential offshore giant

Earlier this month, a potential Subsea 7-Saipem merger made the news. We take a deeper look at their fleet and client portfolio.
November 28, 2019
Photo of Drashya Goel
Drashya Goel
Marketing Content Manager

See all you can accomplish with Spinergie

Transform marine data into environmental impact

Request a demo