Energy projects keeping shipping and project logistics companies busy
Europe’s energy transformation is a welcome sign for many logistics companies, Fracht FWO Polska being one of them. According to the company, the energy sector is one of the key economic sectors currently undergoing a complex transformation process in Europe.
For Fracht FWO Polska, companies in the energy sector are an important part of its business activities. Currently, the company is making another transformer delivery for one of its key customer, moving an 87-ton unit to Luxembourg. The company noted it is the ninth transformer in an ongoing project.
Generator market booming
As Walenius Wilhelmsen recently noted, one of the major growth drivers is the current shift in power generation, with high investment in power transmission due to increased demand for electricity, which put a lot of strain on the shipping industry.
It is not only Europe that is going through this transition, as the United States transformers market is also booming. Looking at the market developments, Carsten Wendt, a senior manager for high & heavy and breakbulk at Wallenius Wilhelmsen said that the shift in power generation is clearly visible in the United States where production industries are on the move east, from California to Texas, possibly due to inter-state differences in environmental regulations.
He further noted that another reason why the North American market is particularly hot is the long-time under-investment in the aging grid. It leads to a growing demand for new transformers, another reason for the high demand for shipments of transformers from Europe, putting a lot of strain on the shipping industry, and especially the RoRo operators.