Offshore carriers flee traditional markets to focus on offshore wind

Offshore carriers are concentrating their efforts on the rapidly expanding offshore wind market rather than the oil and gas market, according to a new analysis by Danish Shipping.

Photo: PR / Cadeler

Since 2017, Denmark-based offshore carriers have solely placed orders for newbuilds that are equipped to service the rapidly growing offshore wind market in preference to the traditional offshore oil and gas market, according to a new analysis by interest group Danish Shipping.

In addition to rising demand for offshore vessels in the offshore wind market, the downturn on the oil and gas market has played a factor in the strategic shift for Danish offshore carriers, the maritime interest group notes.

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