SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years @MaritimeReporterTV
SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years  @MaritimeReporterTV
Uploaded February 2025 | Updated September 2026, 3 weeks ago
As offshore wind farms grow larger and further offshore, the demand grows for bigger, more capable vessels. Enter the Service Operation Vessel (SOV) and Commissioning Service Operation Vessel (CSOV) segments, which according to Phil Lewis, Director of Research, Intelatus Global Partners, are drawing a fair amount of speculative ordering today. Maintaining vessel supply and demand while eyeing day rates to support the industry is a perpetual challenge.

#SOV #CSOV #offshorewind #offshore
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SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

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