Sea trials of a large offshore wind turbine installation vessel (WTIV) built by Hanwha Ocean. /Courtesy of Hanwha Ocean

Hanwha Ocean said on the 6th that it won an order worth 768.7 billion won for one large wind turbine installation vessel (WTIV) from its affiliate Ocean Wind Power 1.

This WTIV is scheduled for delivery in the first half of 2028 and will first consider participation in domestic offshore wind projects, including the Shinan-Ui offshore wind project.

This WTIV is the first in Korea capable of installing large 15-megawatt (MW) offshore wind turbines and is expected to be the largest among WTIVs operating in domestic offshore wind projects.

At present, at domestic offshore wind sites, Chinese-built and -operated vessels are being deployed with only their nationality changed, or the introduction of WTIVs under construction at Chinese shipyards is being pursued, expanding supply chain dependency risks.

In this environment, Hanwha Ocean noted that this WTIV order will serve as a preemptive case of building core offshore wind infrastructure with domestically built vessels and a domestic supply chain.

WTIVs are a field in which Hanwha Ocean has strength, having built a total of four, the most construction track record among domestic shipbuilders.

A Hanwha Ocean official said, "As the government moves to expand foundational infrastructure such as ports and vessels with a goal of deploying 25 gigawatts (GW) of offshore wind power by 2035, Hanwha Ocean will contribute to the growth of the domestic offshore wind industry based on its competitiveness in large, high value-added offshore wind special-purpose vessels."

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