COLUMN | Looking to the future: Petrobras newbuilds; James Fisher; Saudi Arabia’s NEOM plans; TotalEnergies and Sapura; wind bust timing [Offshore Accounts]

“Brazil is the country of the future,” goes the cliché that the Austrian writer Stefan Zweig declared in 1941 as the opening line of his book Brazil, Land of the Future. Zweig wrote in exile there, and a year later, he and his wife deliberately killed themselves with a drug overdose. Brazilians then began joking […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-looking-to-the-future-petrobras-newbuilds-james-fisher-saudi-arabias-neom-plans-totalenergies-and-sapura-wind-bust-timing-offshore-accounts/

COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts]

In Part One last week, we looked at the paradox of offshore wind, a segment that is growing without profit for many players. This contrasts with offshore oil and gas, which has shrunk but has become intensely profitable for rig and vessel operators, and for the oil companies themselves. Whereas offshore oil and gas companies […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-where-the-wind-blows-part-2-shell-cadeler-hea-energy-cyan-renewables-edda-wind-norwind-and-norside-offshore-accounts/

COLUMN | Predictable outcomes: a certain wind turbine installation company; Cyan Renewables and DEME; Global Marine and CWind [Offshore Accounts]

Never believe what a company’s managers tell you. Always verify yourself, especially if the company is headquartered in Monaco and is run by a management team with a past reputation for underperformance in the offshore sector. Who could we be talking about? Imagine a company where the management team paid themselves a US$30 million bonus […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-predictable-outcomes-a-certain-wind-turbine-installation-company-cyan-renewables-and-deme-global-marine-and-cwind-offshore-accounts/