Offshore construction

Offshore construction refers to the process of engineering and installing subsea structures in deep water, which involves overcoming various challenges, particularly in geohazard-prone areas. This type of construction requires significant investment in expensive and specialized vessels that are designed for long-term use and compete against other vessels performing similar activities.From: Frontiers in Offshore Geotechnics II [2019], Global offshore pipeline construction service market review 2017 – Part II [2018]

Risk assessment of construction safety of sea crossing cable-stayed bridge based on AHP

View Chapter

Purchase Book

Published in Mohd Johari Mohd Yusof, Junwen Zhang, Advances in Civil Engineering: Structural Seismic Resistance, Monitoring and Detection, 2023

Lei Chen

Affected by the complex offshore construction environment such as tide, wind, wave, strong light, seabed quicksand and marine traffic, offshore construction is difficult and requires high safety management. Offshore construction includes offshore platform, offshore trestle, offshore floating crane hoisting, offshore transportation, offshore mixing plant, etc.

Global offshore pipeline construction service market review 2017 – Part II

View Article

Journal Information

Published in Ships and Offshore Structures, 2018

Mark J. Kaiser, Mingming Liu

Offshore construction requires investment in expensive, specialised vessels that are long-lived and not frequently used and compete against other vessels that perform similar activities. Some vessels may not be capable of serving all markets and may require additional maintenance and capital expenditures due to age or other factors, creating periods of downtime. Vessel construction is often financed through debt and, as a result, firms may be highly leveraged. Because of the cyclic nature of the industry, this can cause cash flow problems for firms at times of low demand. Newer and more technologically advanced vessels are often in higher demand, require less maintenance, and have a higher uptime than older vessels. Companies that are unable to manage their fleet efficiently and find profitable market opportunities for their vessels will have deteriorating operations and their financial position and cash flows could be adversely affected.

Offshore construction

Explore chapters and articles related to this topic

Risk assessment of construction safety of sea crossing cable-stayed bridge based on AHP

Global offshore pipeline construction service market review 2017 – Part II