Developer Able UK said the site could eventually create 27,000 jobs and help build the numerous North Sea projects lined up for development.
The port, which is near Immingham, would mirror a similar project set up at the German port of Bremerhaven. It is currently awaiting planning approval.
With London Array and the £100bn Round Three development through the Crown Estate, the UK is ploughing billions into developing its offshore capability.
One of the criticisms of this policy has been that much of the work has gone overseas. While in a recent interview with Windpower Monthly, Ian Gaitch director of Global Marine Systems, one of the few British companies to be working on the 1GW London Array project, praised Germany for its support of the offshore industy.
"There are a number of companies in the UK that can do offshore. But it seems to be the best opportunities are in Europe," he says. "If you look at Bremerhaven, Germany they are putting a lot of money into the ability to build wind farms there."