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€300 Million Offshore Contract Signals New Construction Push in Germany’s Wind Market

2026-02-03

 

Seaway7 Secures High Value Role on Gennaker Project

 

Seaway7 has been awarded a substantial contract valued between $150 million and $300 million for the Gennaker offshore wind farm, reinforcing Germany’s position as one of Europe’s most active offshore construction markets.

 

The contract was awarded by Skyborn Renewables, acting through OWP Gennaker, and covers the transportation and installation of 63 monopiles and transition pieces. Offshore operations are scheduled to begin in 2027, placing the project firmly in the next wave of large scale offshore wind developments.

 

For heavy lift and project cargo specialists, the scope is familiar but far from routine. Each monopile represents a complex logistics chain involving port handling, sea fastenings, installation vessels, and precise offshore execution. The scale alone raises a practical question many contractors quietly ask. Is Europe entering another tight cycle for offshore installation capacity?

 

Track Record in a Crowded Market

 

Germany is not new territory for Seaway7. The company has already supported more than 20 offshore wind projects in the country, contributing to nearly 3,500 megawatts of installed capacity. That experience appears to have been a decisive factor.

 

Stuart Fitzgerald, CEO of Seaway7, pointed to this track record when commenting on the award. He highlighted the company’s long standing presence in Germany and its continued collaboration with Skyborn Renewables, now extending to the Gennaker project.

 

Seaway7 operates as part of the Subsea7 Group, which classifies contracts of this size as substantial. In an environment where vessel availability, steel prices, and installation windows remain under pressure, contract visibility at this level matters.

 

Offshore Work Scheduled for 2027

 

The Gennaker offshore wind farm will be located in German waters, adding to a growing pipeline of projects competing for installation resources in the second half of the decade. For logistics providers, port operators, and heavy transport specialists, the timeline signals when demand will peak and when planning needs to start now.

 

Source: Breakbulk News