[Snapshot]
1. The primary challenge is still the supply chain pressure. Vessel as an important part of the offshore wind supply chain significantly matters to project completion.
2. There is a shortage of vessels in China and will get worse when the Chinese turbine size continues to increase, and projects go far sea. For example, WTIVs of >1,600 tons of lifting capacity, cable laying vessels with >5,000 tons of cable capacity, and SOVs might face a supply risk in the short to medium term.
3. Digital platforms that have vessel management and window of opportunities prediction could be demanding to improve vessel utilization rate.
4. Although green maritime logistic is not an urgent task now, it is expected to become a decisive criterion for tendering in the future. To avoid the vessel shortage crisis that the industry faces now, it is better to prepare early for decarbonization in maritime transportation sectors. Methanol-powered vessels can be an option for SOV.
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