Esvagt secures millions of dollars to kick off new wind venture

Esvagt's owners have injected nearly USD 40 million into the offshore shipping company to allow it to order new vessels once work starts picking up in the growing wind market. "If we win some contracts, we'll build some vessels," CFO Sisse Mai tells EnergyWatch's sister media ShippingWatch.

BY TRINE VESTERGAARD, SHIPPINGWATCH

So much is currently happening in the wind market that offshore service company Esvagt expects to need more vessels to keep up with maintenance of the large turbines.

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Odfjell Drilling enters offshore wind
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Shipbroker sees need for wave of new offshore wind vessels
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Maersk's offshore carrier wants to participate in booming wind market: "We're strongly positioned"
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