According to British offshore service company Seacat Services, the market for vessels servicing offshore wind farms will start to overheat in the coming months following high levels of activity in October. The supply of service vessels might not be adequate to meet demand in an atypical fourth quarter, warns Seacat.
"While record figures may sound wholly beneficial for Seacat Services and other market providers, it is also indicative of a wider vessel supply shortage that is already starting to cause a few challenges in build schedules and vessel pricing," says Seacat Managing Director Ian Baylis, according to sector media Windpoweroffshore, adding:
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