Ships and Sea have
attracted mankind from time immemorial – this odd looking vessel kindles some
interest. This is Esvagt Froude and here
are some interesting details.
ESVAGT is a Danish
shipping company, established in 1981, providing safety and support at sea. The
Company specialises in rescue and oil combating preparedness in and around the
oil / gas fields and services for offshore wind farms. Their website states their biggest business
area to be the commission of standby / ERRV Duties (Emergency Response and
Rescue Vessel). ESVAGT’s fleet of 43
vessels provide emergency response
services for offshore oil rigs, help clean up oil spills, and assist in moving
rigs, tankers and workers to and from offshore oil projects.
Besides a large
fleet of vessels, the Danish shipping company proudly possesses
two SOV-vessels specially constructed for servicing windfarms. SOV stands for
Service Operations Vessel (offshore wind industry). Offshore wind power refers to
wind farms in bodies of water to generate electricity from wind. Stronger wind
speeds are available offshore compared to on land, so offshore wind power’s
contribution in terms of electricity supplied is higher; however offshore wind
farms are relatively expensive.
As of 2010 Siemens
and Vestas were turbine suppliers for 90% of offshore wind power, while Dong
Energy, Vattenfall and E.on were the leading offshore operators. As of 2013 the 630 megawatt (MW) London Array
is the largest offshore wind farm in the world, with the 504 (MW) Greater
Gabbardwind farm is the second largest.
The green wave has
expanded to maritime World as well.
Seeing rich potential in the field of service to the offshore windfarm industry, ESVAGT
modified their first vessel for that
purpose. Their tailor-made Service
Operations Vessels (SOV)are – “ESVAGT Froude and Farady. Both the vessels reportedly have been
contracted for Siemens Wind Power. The German
energy company has provisionally
chartered “ESVAGT Froude” for a five year contract to service the field and transport personnel during the constructing and
operation of the offshore windfarm Baltic 2 in the Baltic, and the “ESVAGT Farady”
for similar jobs for the Butendiek-project in the northern part of the German
sector of the North Sea – provisionally for a 10 year contract.
Today read the news
that A.P. Møller-Mærsk A/S has sold its majority stake in Esvagt, to two
infrastructure investment firms from the U.K. and Australia, for $610
million.The deal is the latest in a series of divestments made by the Danish
conglomerate in order to focus on its core businesses of container shipping and
oil exploration. Maersk accumulated a 75% stake in the company in the 1990s.
The buyers are reported to be 3i Infrastructure Plc, a British firm that
invests in energy projects across Europe, and AMP Capital, an Australian
infrastructure investment fund with $124 billion in assets under management.In
2014 ESVAGT reported a record profit of 252m Danish kroner on a turnover of
943.2m Danish kroner.
Interesting indeed
!
With regards – S.
Sampathkumar
8th July
2015.
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