Norwegian shipping magnates behind new offshore giant

Norwegian shipping magnates John Fredriksen and Kjell Inge Røkke seem to be the main architects behind a plan to create a consolidated supply shipping company by joining the fleets of Farstad Shipping, Deep Sea Supply, and Solstad.

Farstad Shipping
Photo: Farstad Shipping

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Ørsted views zero-subsidy bid as a lottery ticket

Monday night, Vattenfall won the rights to install two Dutch offshore wind projects, and the business model for these projects seems to indicate that the firm is stumbling in the dark, says Ørsted's Wind Power CEO.

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