Investor Presentation
Full time vessel equivalents
Supply and demand imbalance
The offshore wind industry is likely to become constrained by the availability of capable vessels to install, operate and
maintain new and existing turbines and foundations
CADELER
Forecasted vessel supply vs. demand ex. China
WTG installation vessel supply vs. demand
Foundation installation vessel supply vs. demand
50
50
45
45
40
40
35
From 2026, additional O&M demand will stretch the
supply of WTIVs. From 2027 all demand cannot be met
35
From 2027, the demand for foundation
installations will not be met
30
30
25
25
20
15
10
20
15
10
5
5
0
0
2023
2024
2025
2026 2027
2028
2029 2030
2023
2024
2025
2026
2027
2028
2029
2030
Extra O&M (demand)
<11 MW (supply)
< 11 MW (demand)
11 MW (supply)
> 11MW (demand)
10-2000T (demand)
2000T+ (demand)
2000mt+/98m (supply)
1000mt/77m (supply)
Source: Spinergie - www.spinergie.comView entire presentation