ShippingWatch

Analyst sees two wind carriers as especially well positioned for demand boom

Two companies in particular hold strong positions in terms of reaping the fruits from the wind turbine installation vessel market, which in a few years could see a situation similar to the current container market, analyst tells ShippingWatch.

Photo: cadeler

The market for the specialized and highly expensive ships used to install offshore wind turbines may in a few years look like the container market that currently dominates.

Wind turbines are only getting larger, creating demand for modern and upgraded vessels with even bigger cranes to install the heavy machines at sea.

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