Offshore Mooring Market to Reach USD 2.96 Billion by 2032; Rising Offshore Exploration Services to Propel Growth

Newark, Feb. 12, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the USD 2 billion in 2023 global offshore mooring market will reach USD 2.96 billion in 2033. An offshore mooring technique is used in open waters to anchor and secure floating platforms, ships, or constructions. The intricate and vital offshore mooring system uses anchors, chains, ropes, and other parts to secure the structure, boat, or platform. It is made to withstand currents, waves, and wind. Single-point mooring (SPM), Spread Mooring, and Dynamic Positioning (DP) are common forms of offshore mooring. Another type of offshore mooring with a revolving turret for stability is turret mooring. In the oil and gas industry, offshore mooring is used to secure oil platforms, FPSOs, and vessels for transportation, production, and exploration. Additionally, ports, ships, marine research vessels, and the renewable energy industry use it. In difficult marine conditions, offshore mooring guarantees stability, safety, and operational effectiveness. It keeps things from wandering, colliding, and happening, protecting people and property. Mooring systems facilitate operating continuity in dynamic environments or weather systems. Additionally, they safeguard the environment by reducing the possibility of spills and harm to marine ecosystems. They improve economics, lower maintenance costs, and minimise downtime for operators or other anchoring stakeholders. Because mooring systems may be adjusted to suit various kinds of structures and water levels, they are more applicable to a wider range of offshore operations.
• Blue Water Energy LLP
• Delmar Systems, Inc.
• Mampaey Offshore Industries B.V.
• Moorsure Mooring Systems Solutions Pty Ltd.
• Offspring International
• Rigzone Mooring Systems
• SBM Offshore N.V.
• SOFEC, Inc.
• Viking Sea Tech
• Taut
• Semi-taut
• Spread
• Single Point
• Dynamic Positioning
• Suction Anchors
• Vertical Load Anchors
• Floating Drilling, Production, Storage and Offloading (FDPSO) Vessels
• Floating Liquefied Natural Gas (FLNG) Vessels
• Tension Leg Platform
• Semi-Submersibles
• Spar Platforms
• Others
• Europe (Germany, France, the UK, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
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