DNV has issued a Statement of Feasibility to the Spanish ship design and offshore engineering company Seaplace for its CROWN Spar offshore wind floating platform concept.By achieving the Statement of Feasibility, Seaplace has shown to potential partners that the CROWN spar concept is a promising candidate for further development with a realistic chance of a return on investment. With its reduced draft length compared to traditional spar-type floating platforms, Seaplace’s CROWN spar concept is designed to reduce both the capital (CAPEX) and operation expenditure (OPEX) for floating wind by simplifying the manufacture and installation of platforms. DNV was contracted to verify the concept for loads analysis, structural design, stability and global motion analysis (seakeeping and station-keeping).The verification was carried out towards requirements given in the DNVGL-ST-0119 standard for floating wind turbine structures and resulted in a Statement of Feasibility, with no non-conformities found.