Despite limited development to date, the Irish Government has ambitious offshore wind targets. currently 5GW installed by 2030. To achieve this, 1 GW would need to be installed by 2025. This target will be creating opportunities for the supply chain but regulation needs to be in place to allow development to go forward. One Crew Transfer Vessel (CTV) operator aiming to benefit from this is Farra Marine, a new entrant to the market.

In this episode, we spoke to Farra Marine’s CEO, Martin Rice about his business ambitions for the growth of his fleet and the development of offshore wind in Ireland as well as some of the issues holding up progress. The day before Martin had reached a major milestone in his business as Farra’s first vessel, Farra Orla, had arrived in Arklow, Ireland. Farra has a further five vessels under construction and due for delivery by the end of 2022.

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