This paper addresses the topic of far-offshore wind energy exploitation. Far-offshore wind energy exploitation is not feasible with grid-connected floating wind turbines because grid-connection cost, installation cost and O&M cost would be prohibitive. An enabling technology is the energy ship concept, which is described and modeled in the paper. A design of an energy ship is proposed. It is estimated that it could produce 5 GWh per annum of chemical energy (methanol).