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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