Construction & installation vessels

Comprehensive Technical & Market Report (2024)

Definition

Specialized vessels for offshore construction, subsea installation, and heavy lifting in oil/gas and renewable energy sectors.
Key Functions:

  • Subsea pipeline/umbilical laying
  • Platform installation/decommissioning
  • Wind turbine foundation/turbine installation
  • Cable laying for offshore wind farms

Vessel Types & Specifications

Construction Vessel Classification

Technical Specifications (Ultra-Deepwater PLV Example)

Global Fleet & Market Data

Active Fleet by Region (2024)

Technology & Innovations

Advanced Features

Market Trends & Forecast (2024–2030)

Growth Drivers:

  • Offshore Wind Boom: 200+ GW global capacity by 2030.
  • Deepwater Oil/Gas: Guyana/Brazil pre-salt developments.
  • Decommissioning: $100B North Sea platform removals.

Risks:

  • Supply Chain Delays: 2+ years for newbuild HLVs.
  • Day Rate Volatility: PLV rates fluctuate ±15% in GoM.

Forecast:

  • Newbuild Orders: 20+ vessels (2024–26), mostly wind-focused CLVs.
  • Day Rates: Ultra-deepwater PLVs to hit $600K/day by 2026.

Comparative Analysis: PLV vs. HLV

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