ABS says floating offshore wind is poised to become a major source of new demand for offshore support vessels. The group points to a growing need for high-specification ships as the floating wind segment expands.

According to the outlook, this demand could build quickly enough to tighten vessel availability before the end of the decade. That would leave the market facing supply constraints just as more floating offshore wind projects move forward.

The warning highlights an important part of the offshore wind buildout: marine support capacity. Floating projects may require a more specialized vessel base, which means not every offshore support ship will be suitable for the work.

The ABS view suggests that floating offshore wind will influence not only renewable energy development, but also the offshore vessel market tied to it. If project activity accelerates as expected, the sector could see rising pressure on the pool of high-spec support vessels needed to serve it.