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 […]

The post COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts] appeared first on Baird...

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 | Wind wobbles – follow the money: Ørsted and BP make write-offs; Siemens Energy seeks aid; MingYang gets massive; Fredriksen’s Edda and ex-Havila hedges; Rickmers and Diana Shipping enter wind [Offshore Accounts]

“Our wind industry, for instance, is a European success story,” European Commission President Ursula von der Leyen recently said. “But it is currently facing a unique mix of challenges.” We’re no fan of Ms von der Leyen, a nepo-baby whose incompetence as German Defence Minister was rewarded not with the sacking she so richly deserved, […]

The post COLUMN | Wind wobbles – follow the money: Ørsted and BP make write-offs; Siemens Energy seeks aid; MingYang gets massive; Fredriksen’s Edda and...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-wind-wobbles-follow-the-money-orsted-and-bp-make-write-offs-siemens-energy-seeks-aid-mingyang-gets-massive-fredriksens-edda-and-ex-havila-hedges-rickmers-and-diana-shi/

COLUMN | Quick wind updates; Seaway7 and OHT; Awind consolidation; Cadeler newbuilds; Triumph’s cancellation; Ørsted and Equinor’s profit warnings [Offshore Accounts]

It’s been two months since we last covered the investment frenzy that is the offshore wind industry (here). And those two months have been packed with news, as competit ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-quick-wind-updates-seaway7-and-oht-awind-consolidation-cadeler-newbuilds-triumphs-cancellation-orsted-and-equinors-profit-warnings-offshore-accounts/

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