Clarksons Offshore & Renewables newbuild team says it was involved in offshore wind vessel orders worth over $1bn in 2022.

The UK shipbroker said the sector witnessed a record investment program with a total of $6.2bn worth of new vessel orders last year.

Clarksons said this was despite both shipyards and buyers of vessels suffering the frustration of a dysfunctional 2022 due to Covid-19 and the impact of geopolitical tensions.