Coastal seas around the world are under increasing anthropogenic pressures due to the rapid expansion of maritime industry and coastal urbanisation. Multi-use (MU) of ocean space, meaning the use of the same space by multiple resource users, has emerged as one strategy to address spatial conflicts resulting from an increasing use density. The proposed multi-use of offshore wind farms (OWF) and mariculture (MAQ) is one of the most-researched examples of such a potentially symbiotic relationship. Two decades of public and academic discourse have produced an abundance of research regarding various facets of this particular combination. Nevertheless, the latest research projects of the EUs Horizon 2020 Research and Innovation Programme have identified a number of persistent barriers to continued multi-use development. The past and current public discourse has created a situation where technological readiness has outpaced societal readiness and the discussion is often complicated by the diversity of backgrounds and perceptions of the participants of this discourse. This study aims to dissect the common discourse on OWF and mariculture multi-use by utilising a targeted SWOT analysis approach based on stakeholder knowledge. This approach reveals two distinct narratives based around societal and economic considerations respectively. From this, we derive a set of tailor-made recommendations for policy makers and regulators as well as funding agencies, businesses and researchers.