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