ESVAGT Annual Report 2016

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ESVAGT Annual Report 2016

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  • In 2016 ESVAGT expanded its fleet with one Service Operation Vessel, the 'Esvagt Njord' for Dudgeon Offshore Wind Farm.

    Profit for ESVAGT despite challenging market backdrop

    “We operate in a market that is still experiencing low levels of activity and difficult conditions. Our 2016 performance is disappointing, but taking market conditions into account, we are at an acceptable level,” says Søren Nørgaard Thomsen, CEO of ESVAGT.

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