Blue Water's Kazakhstani cash cow nears its expiry date

Blue Water Shipping's major project in Kazakhstan is a significant growth driver in 2020 while several other divisions have struggled due to the coronavirus crisis. New orders in project logistics must be secured, chief executive Søren Nørgaard Thomsen tells EnergyWatch's sister media ShippingWatch.

by KATRINE GRØNVALD RAUN

When Blue Water Shipping secured the first of four major contracts for an oil project in Kazakhstan in 2016, founder Kurt Skov described it as the highlight of his career.

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Founder will never put Blue Water put up for sale
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Blue Water-founder initiates generational handover
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Blue Water Shipping bags new major contract in Kazakhstan
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