[Yonhap News Agency/June 10, 2024] South Korea's major shipbuilder Hanwha Ocean Co. said Monday it has launched a new wind turbine installation vessel (WTIV).

Ordered by Cadeler Inc. in 2021, the WTIV measures 148 meters in length and 56 meters in width.

It is capable of sailing while carrying five offshore wind turbines, each with a generation capacity of 15 megawatts. Additionally, the vessel can install turbines in water depths of up to 65 meters.

Hanwha Ocean has received orders to build a total of four WTIVs, with two already delivered.

The company said it has been placing more business focus on the WTIV sector to keep up with growing demand for WTIVs driven by global efforts to combat global warming.

Recently, Hanwha Ocean expanded its capabilities by taking over the offshore wind power and plant business from Hanwha Corp. and acquiring a stake in Singapore's floating facility designer and manufacturer Dyna-Mac.