I am a buyer of whoever is selling shares related to offshore wind support vessels. That includes Edda Wind, Eneti, Cadeler, on pullbacks. Long-term thesis remains intact.
We will look back upon this hysteria i.e. "the end of wind" as a long-term buying opportunity. It might continue for 3-6 months more, it might not. But it's a contra-indicator, imo.
Thank you Ed for your work. Maybe you could make post about Valaris and other big players in offshore space?
Yes I plan to; am working on access to better info, so I can add value to the discussion
Looking forward for it. I think we will have pullback in the winter for offshore service.
Absolutely – long overdue.
Great piece, loving your content Ed.
Hi Ed - am getting a bit worried about all the -ve announcements regarding offshore wind. See Siemens, Osten, Vestas
What does this mean for OSV in your mind?
I am a buyer of whoever is selling shares related to offshore wind support vessels. That includes Edda Wind, Eneti, Cadeler, on pullbacks. Long-term thesis remains intact.
We will look back upon this hysteria i.e. "the end of wind" as a long-term buying opportunity. It might continue for 3-6 months more, it might not. But it's a contra-indicator, imo.
Perhaps a little overview post about them ? Seems offshore wind is a bit expensive at the moment given current energy prices and interest rates.