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
