Offshore

Esvagt turns deep deficit into black figures

Offshore and wind carrier Esvagt has turned around the development of its business in 2021, financial report reveals. A US breakthrough is still yet to happen.
Peter Lytzen helms Esvagt, which in 2021 turned a deficit into a profit. | Photo: PR/Esvagt
Peter Lytzen helms Esvagt, which in 2021 turned a deficit into a profit. | Photo: PR/Esvagt
by DAG HOLMSTAD

Esvagt, which is working on breaking through on the US offshore wind market with its service operations vessels (SOVs), has turned around its business development considerably in 2021.

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