COLUMN | Concept and execution, part one of two: DEME's purchase of Havfram and how it puts pressure on its competitors [Offshore Accounts]

What happens next?

The acquisition is likely to add pressure on Boskalis, now the only one of the Big Four without a jackup WTIV, to make an order or an acquisition in this space.

It also piles the pressure on Cadeler to offer its clients the same project packages, rather than just the charter of a WTIV on a dayrate. This is a move Cadeler had previously said it was embracing, but which is much riskier than a day rate-only contracting basis.

Shipbuilding in this sector shows promise. Later this week, however, we will turn our attention to some not-so-good news from the other side of the Atlantic.