Esvagt eyes potential in shorter contracts for service vessels

The Danish offshore carrier views a shorter service vessel contract with Vattenfall as a "pattern-breaker" and sees potential for similar deals in the future, writes an executive.

Photo: MHI Vestas

Normally, Danish offshore carrier Esvagt sends its service vessels out on longer contracts when carrying out tasks on, for example, offshore wind farms in the North Sea or the Baltic Sea, but the carrier is now eying the potential for entering shorter contracts for vessels.

Most recently, Esvagt has entered a contract with Vattenfall for Horns Rev III in the North Sea for the vessel Esvagt Dana. Unlike Esvagt's other service vessels, which are employed on longer contracts, Esvagt Dana's contract is short.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

New developer has 11GW offshore wind ready from inception

Profiles from European Energy, Ørsted and Centrica team up to found a new company aiming to develop solar, onshore wind, offshore wind and do power trading. Theres a hole in the market for us right now — in five years it will be closed, says director.

CIP hires Dutch profile

Current CFO at TenneT Otto Jager will join CIP as partner, with a primary focus on flagship funds.

Further reading

Related articles

Latest News

See all jobs