ShippingWatch

Wilhelmsen buys offshore wind service group

The Norwegian shipping company buys a quarter stake in a wind service operator with customers such as Ørsted and MHI Vestas and that has its eye on US and Asian markets.

Photo: Wilhelmsen

Norwegian wind service operator Østensjø's offshore wind business, Edda Wind, is now getting a significant economic boost.

The company has entered an agreement with compatriot shipping company Wilhelmsen, which is initially taking over a 25-percent share of the service operator for an undisclosed price.

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