Page 15: of Maritime Reporter Magazine (December 2024)

FLOATING WIND

This vessel shortage will drive shortages of quali? ed and ex- THE MARKET IS GROWING ... perienced seafarers, which appear from ~2030. Shortages will be BUT NOT AS QUICKLY AS SOME BELIEVE in all senior bridge, deck and engine room positions. To demon- As we have mentioned previously, ? oating wind is an strate the trend, the chart presents a forecast of additional Senior emerging technology. Concepts are still be demonstrated in

DPOs and DPOs onboard (i.e. excluding back-to-back crew). single turbine and small pilot arrays. The ? rst commercial

These are the ? ndings of a comprehensive new ? oating wind scale arrays (±500 MW) with offshore construction activ- installation vessel market report published by Intelatus Global ity within this decade are being planned for such markets as

Partners. The report examines a range of technical drivers, sum- South Korea and the UK. marizes the ? ndings of the latest research, presents a deep dive From around ~305 MW installed at the end of 2024 to ~6 into each of the major ? oating wind markets and translates the ac- GW (2030) and ~48 GW (2035). Market growth anchored by tivity forecast into a vessel supply and demand balance forecast. Europe in the ? rst half of the next decade.

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