Esvagt: The market can handle new ships

2012 brought progress for the Danish safety and support shipping company Esvagt, which aims to strengthen its revenue with new ships this year and next year. The market can handle new ships, says CEO Søren Nørgaard Thomsen.

The safety and support shipping company Esvagt has increased the focus on expanding its fleet. The shipping company took delivery of three new ships in 2012, and another one is on its way from Singapore to Esbjerg right now. Another vessel will be added this spring, and two more in about a year.

The new ships will strenghten the revenue at Esvagt, which primarily services the oil and gas industries in the North Sea, and CEO Søren Nørgaard Thomsen is not worried about whether the market can handle the new tonnage.

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