Esvagt to source main revenue from wind by 2025

Growth in offshore company Esvagt's wind business is to accelerate, as the company aims to gain 70 percent of its revenue from wind by 2025. More assignments for the shipping company's SOVs in particular will increase activity levels, CEO Peter Lytzen tells ShippingWatch.

BY TRINE VESTERGAARD, SHIPPINGWATCH

The oil business in Esbjerg, Western Denmark, has long been undergoing a transformation to a major wind venture for many suppliers servicing the offshore sector.

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Esvagt commissions service vessel for MHI Vestas
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Esvagt expands its business
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MHI Vestas wraps up one project, starts another
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