Message to EU ambassadors: The green transition requires a stable framework and political backing
Message to EU ambassadors: The green transition requires a stable framework and political backing
Topics: Natural resources
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Innovative Transfer Boat for the Wind Industry is ready for Hornsea 2
ESVAGT, OSK Design, and Hvide Sande Shipyard have joined forces to raise the bar in offshore wind logistics with the development of a next-generation transfer boat. The new boat is larger, more robust, and designed to carry more technicians and cargo. Technicians were very satisfied after testing in March.
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ESVAGT developing new offshore wind business with a joint venture in South Korea
The market leader within maritime offshore wind solutions, ESVAGT, will follow customers to the emerging Korean offshore wind market by entering a joint venture partnership with South Korean KMC Line.
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STRONG PERFORMANCE AND GROWTH – BUT SOME SHORT-TERM HEADWINDS
ESVAGT delivered its strongest financial performance to date in 2024, reaching an all-time high revenue of DKK 1,470 million and a record EBITDA of DKK 508 million. The results mark a year of strategic progress and operational excellence.
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Leadership change at ESVAGT
From 1 November Kristian Jakobsen and Søren Karas will jointly take over the CEO role at ESVAGT replacing Peter Lytzen who will retire.
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ESVAGT ANNUAL REPORT - THE GROWTH CONTINUES
ANNUAL REPORT: With a considerable revenue growth in both the oil and gas and wind segments, ESVAGT continued its business growth in 2023. Securing long-term contracts for two new-buildings for Ørsted and Vestas and a new strategic partnership targeting the Asian market for offshore wind, ESVAGT is heading for further growth.
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ESVAGT and KMC Line sign a Memorandum of Understanding (MoU) for offshore wind cooperation in Korea
A new Danish-Korean collaboration between ESVAGT and KMC Line is looking to unlock the considerable potential in Korean offshore wind.
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ESVAGT will build a new SOV to service Vestas at Ecowende’s Hollandse Kust West offshore wind farm in the Netherlands
ESVAGT has secured the contract to service Vestas at Ecowende’s Hollandse Kust West offshore wind farm in the Netherlands and has initiated the process of designing and building the new SOV.
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ESVAGT DONATES 30 USED SERVERS TO THE SYDDANSK BUSINESS SCHOOL (SDE College)
ESVAGT donates 30 used servers to the Syddansk Business School (SDE College)
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ESVAGT's Sustainable Reporting Gains Significance
Our GRESB score has improved, holding great significance for our customers, partners, and investors who expect ESVAGT to operate sustainably and environmentally responsibly.
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ESVAGT awarded Vestas’ ‘Sustainability Supplier of the Year' 2023
Ambitious climate targets and concrete, innovative efforts contributed to Vesta's naming ESVAGT as its ‘Sustainability Supplier of the Year’.
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ESVAGT and Hvide Sande Shipyard collaborate on innovative transfer boat for the wind industry.
The transfer boat of the future for the wind sector will be bigger and stronger, with room for more technicians and more cargo. ESVAGT and Hvide Sande Shipyard are raising the bar together.
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Ørsted and ESVAGT sign second contract for methanol-powered vessel
In 2024, the world’s first green fuels vessel for offshore wind operations will launch off the UK East Coast, as the result of a ground-breaking agreement between Ørsted and ESVAGT. Now the two companies are expanding their partnership on green offshore operations by signing an agreement for a second green service operation vessel.
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ESVAGT APPOINTS DENNIS BJØRN KROG-MEYER AS CFO
ESVAGT appoints Dennis Bjørn Krog-Meyer as CFO
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The growth potential within Offshore Wind is demonstrated, and the future secured for ESVAGT.
Despite the turbulent macro conditions in 2022 ESVAGTs growth continues, with improvements in both revenue and operational results, as well as a strong safety performance with zero Lost-Time Incidents (LTIs).
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ESVAGT JV awarded first major offshore wind contract in the USA
With a 15-year contract to service the largest offshore wind farm in North America, ESVAGT has made a breakthrough in the buoyant American offshore wind market.
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Crowley, ESVAGT to Build and Operate Service Operations Vessel for Siemens Gamesa at Coastal Virginia Offshore Wind Project
Crowley and Danish offshore maritime leader ESVAGT will jointly build and operate a service operations vessel (SOV) under a long-term charter with Siemens Gamesa Renewable Energy, enhancing a service crucial for the U.S. clean wind energy market.
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'Esvagt Cornelia' rescues an exhausted Norwegian sailor
The crew on 'Esvagt Cornelia' made a difference at the Balder field in the Norwegian Sector by coming to rescue of an exhausted Norwegian senior sailor.
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Crowley, ESVAGT Strengthen Venture for U.S. Offshore Wind Vessels
Crowley and ESVAGT have executed additional joint venture agreements that further strengthen their commitment to support purpose-built, Jones Act vessel development and availability for U.S. offshore wind production.
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‘Esvagt Delta’ is to sail tourists
After 21 years in the shipping company, ‘Esvagt Delta’ is replacing standby and ERRV tasks in the North Sea with whale watching and nature tourism in Norway.
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