ShippingWatch

Swire considers establishing new business area

2013 already looks set to become a good year for Swire Blue Ocean, as the company might be headed into a completely new business area after a specific project has brought potential customers onto the field, says CEO Lars Blicher to ShippingWatch.

So far, revenues look solid for a 2013 in which Swire Blue Ocean has been able to start employing both of the shipping company's installation ships. The two windmill ships are fully employed this year, and the company's other ships has completed a job that might turn into a new business area.

The newest ship, Osprey, began operating in March, and its first job was to decommission an oil rig, a job that has made ripples in the water, says CEO Lars Blicher to ShippingWatch.

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