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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
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Photo of Drashya Goel
Drashya Goel
Marketing Content Manager

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