Shipping profiles race to conquer booming wind market

The interest in getting a slice of the wind market, which is expected to grow by 15 percent per year ahead to 2030, now has both old acquaintances and brand new players within offshore and dry bulk jumping to get in on the action. Maersk, Scorpio and Arne Blystad's OHT are just three among many.

Photo: Acciona

The shipping industry is jumping to join the wind industry, in which several high-profiled names have recently announced their intent to participate even though the waters of the wind market are completely untested for some.

Just within the last few weeks, shipping companies such as Maersk and Scorpio have made it clear that they intend to get a slice of the market, which is currently in the process of being built up in step with politicians and investors turning their backs on oil to instead focus on renewable energy.

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