Offshore crane winches are equipment installed on sea vessels and designed for accurate lifting and lowering of payloads at subsea levels in all conditions. In recent times, attempts have been made to replace conventional heavy steel ropes used in crane winches with high-strength synthetic fibre ropes for their various advantages, particularly for having comparable strength with steel at a much lower weight. Such an advantage makes it possible, in principle, to downsize a crane winch for the same lifting capacity leading to considerable savings or alternatively, to increase the service life of an existing crane winch and make the most out of its lifting capacity. However, it is still not known to what extent can replacing steel ropes in crane winches with fibre ropes increase their service life and in this paper, an attempt is made to answer this question. In previous research, there have been attempts to calculate the service life of crane winches, however without taking the dynamics of the ropes they utilise and their material into account. In this paper, the global loads that a typical offshore crane winch drivetrain is subject to and its resulting service life are analysed and compared in both cases of using steel and fibre ropes, by deriving the global loads on the drivetrain directly from the tension that is calculated in the ropes for a typical operational cycle using a rope dynamics simulation model. The conclusion of this work, subject to further analysis, is that fibre ropes lead to a significant reduction in static torque (global load) on the winch drivetrains, due to their light weight and a reduction in the dynamic torque due to their lower stiffness compared to steel ropes. Consequentially, crane winches would benefit from a higher service life which is of critical importance due to their remoteness and difficulty of access for maintenance.