Carriers flock to trending wind market – but entry costs exclude many

Several shipping companies are keeping a keen eye on the hot market for wind turbine installation vessels, which is predicted to grow significantly. But the ships are so expensive that the market is not accessible to the average carrier, says analyst. EnergyWatch's sister media, ShippingWatch, paints a picture of the market, the biggest players and their customers.
Photo: PR / Cadeler
Photo: PR / Cadeler
BY CHRISTIAN CARLSEN & SØREN PICO, SHIPPINGWATCH

Shipping companies around the world are now flocking to the scorching hot wind market, which is currently one of the only maritime markets that can look forward to structural growth in the coming years.

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