Floating wind power is poised for exponential growth by 2026!
The future strategies of international oil companies—whether focused on traditional oil and gas or low-carbon and renewable energy—will drive the rapid development of the high-end offshore equipment manufacturing sector!
Insight 3:
Chinese capital is venturing abroad, fueling the progress of global offshore projects!
Last year, Chief Researcher at CDMC Group, delivered a keynote report titled Global High-End Offshore Supply Chain Strategy and Future Outlook. He outlined three major insights into industry development and officially launched several significant publications:
- Special Report on the Global Floating Production Platform Supply Chain
- Global Floating Production Facilities Map
- Global Floating Offshore Wind Project Industry Map
- China Offshore Wind Turbine Manufacturing Industry Map
- China Offshore Wind Policy Distribution Industry Map
Can China catch up with Europe in floating offshore wind? A comparison of the floating offshore wind industry chains in China and Europe reveals that Europe leads in terms of technological advancement and maturity, particularly in dynamic cables, survey and design, and floating foundations, where the differences are significant. The gaps are smaller in centralized grid connection, mooring, and anchoring systems. In manufacturing capacity and process sophistication, Europe is generally stronger. However, China's comprehensive industrial system enables it to match Europe in the manufacturing of floating foundations and mooring/anchoring systems. From a product perspective, the market shares and product reliability of Chinese and European companies show minimal differences, but Chinese products offer significant price advantages. Moreover, China's large-scale offshore wind industry surpasses Europe, giving it a slight edge in floating wind turbines derived from this expertise. Overall, while China's key technologies and industry chain for floating offshore wind lag behind Europe's, its rapid offshore wind development and decades of experience in the offshore oil and gas sector have significantly reduced the gap. In areas such as floating turbine units, floating foundation construction, and mooring/anchoring system manufacturing, China is not far behind Europe.”
“Floating offshore wind power in deep-sea areas is becoming an inevitable trend. Globally, 80% of offshore wind resources are located in waters deeper than 60 meters. Offshore turbines in these areas generate 70% more electricity annually than onshore turbines with the same capacity. At present, the primary markets for floating wind power remain in Europe.
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Under the theme “International Dialogue on the Commercialization of Floating Wind Power”, this exclusive roundtable convenes leading Chinese wind developers and international floating foundation experts for a focused exchange on accelerating the commercialization of floating wind. With China’s rapid permitting processes and agile market conditions, paired with cutting-edge international design expertise, the discussion will center on joint demonstration and pilot projects in China, using the market as a strategic testing ground.
The aim is to drive technology innovation, lower the levelized cost of energy (LCOE), and lay the groundwork for scalable deployment. Designed as a practical, results-oriented platform, the session seeks to unlock viable pathways for commercial-scale floating wind—through collaboration, innovation, and shared market insights.
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Pre-Conference: Site-visit to China's Offshore Wind Cluster
The site visits to Shanghai and Nantong, major offshore wind industry clusters in China, offer a direct view into manufacturing facilities, supply chain operations, and cutting-edge technological advancements in the sector. These visits provide an in-depth understanding of the industry's current landscape, offering valuable insights into procurement strategies, local partnerships, and the overall development trends in China’s offshore wind market.
The competition, initiated by Shanghai Maritime University, aims to uncover students' creative potential, nurture future talent in yacht design, and promote new ideas. It fosters design and manufacturing integration, supports innovation, and elevates China’s cruise and yacht design capabilities.
The R4S-Class Mooring Chain Connector Launch and ABS AIP Certificate Award Ceremony
National Technology Innovation Center, PowerChina, China Three Gorges, SPIC, ABS, DNV GL, China Offshore Oil Engineering, and others, attended the event to witness this milestone and express their support for Jihai’s future development.
Promoting Global Supply Chain Sustainability and Business Opportunities
Nantong Jihai Marine Equipment Co., Ltd. received the American Bureau of Shipping (ABS) Approval in Principle (AIP) for its first floating wind power R4S-class underwater mooring chain connector. The company hosted the launch event and ABS AIP certificate presentation at the conference.
Leaders and guests from various organizations, including the Yangtze River Delta
Continuing the tradition, Invest Northern Ireland and the conference organizing committee will host a networking dinner focused on offshore wind.
The dinner will showcase Northern Ireland's technological strengths and innovative ecosystem in offshore wind, highlighting the region's success in advanced manufacturing, engineering expertise, and offshore wind technology development. This event provides an opportunity for attendees to connect with industry leaders from Northern Ireland and explore collaboration opportunities in technology partnerships, investment, and industry growth.
Shanghai Jiao Tong University Journal Center - 10th Anniversary Celebration and Development Symposium of the Journal of Ocean Engineering Equipment and Technology
The 10th-anniversary celebration and development symposium of the Journal of Ocean Engineering Equipment and Technology were held during the conference period last year. Shanghai Jiao Tong University emphasized the journal’s role in advancing the discipline. The journal continues to drive innovation, nurture talent, and promote industry-academia collaboration, aiming to publish cutting-edge research and support progress in ocean engineering.
At the journal development seminar, leaders reviewed Marine Engineering Equipment and Technology's progress in indexing, awards, and conferences, reaffirming its mission to drive academic excellence, foster industry collaboration, and support China's maritime strategy.
Special Report: Global Hotspots – Unveiling Promising Development Opportunities
Brazil, the Philippines, Vietnam, South Korea, Malaysia, Myanmar, Spain, Nigeria, and Mozambique
Ziyue WANG, Head of Research, China, BloombergNEF
Yicheng WANG, Project Coordinator, China Renewable Energy Engineering Institute
David Carrascosa, Chief Operation Officer, Saitec Offshore Technologies
Carlos Casanovas, President & Chief Technology Officer, X1 Wind
Xue DONG, Project Manager, PowerChina Huadong Engineering Co., Ltd.
Alma Roxas-Aguila, Head of Philippines, Corio Generation
Supa Waisayarat, Country Director-Vietnam, Super Energy Corporation
Chunlei JIANG, Head of Overseas Market, CCCC Haifeng Wind Power Development Co., Ltd.
Luiz Bispo, Superintendent of Operational Safety, ANP - National Agency of Petroleum, Natural Gas and Biofuels
Sam Shen, Marketing Director, MEA, Offshore Oil Engineering (Qingdao) Co., Ltd.
Ts. Syed Saggaf Syed Ahmad, President, MOGSC
THAN Min, Former Deputy MD, MOGE
Soe Aung, Chief Researcher, MOGE
ZAW Naing, CEC, MOGSS
Joseph INAM, Supply Chain Materials Operation, ExxonMobil
Neklim Adelino Niacuveia, Contract/Procurement Associate, Mozambique Rovuma Venture SpA
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