In the medium term shipping should expect disruption in demand across a broad swathe of markets due to shifts in energy and consumer goods production.
Van Oord has been awarded the Balance of Plant contract to build the Northland Power Deutsche Bucht offshore wind farm, the Rotterdam-based company said in a statement.
Hamburg-based Hansa Heavy Lift (HHL), which specializes in super heavy lift, heavy lift and project cargo, says it is looking to step up its involvement in the offshore industry with a particular focus on transportation and installation (T&I) in the subsea oil and gas market as well as the offshore windfarm sector.
Subsea specialist Global Marine Systems is pushing into the renewables market acquiring a majority interest in offshore wind support contractor CWind.
Offshore wind farm installation provider A2SEA believes an imbalance between supply and demand will level off in the next two – three years, and is eyeing expansion into Asia.