Lovely paragraph from the AGM chairmen address 10/11/23
Our diversification strategy is progressing well, and we generated 30% of our revenue from *************new markets ******during the year including 24% from offshore wind (up from 9% the previous year) and 4% from government and defence.Offshore wind continues to be a major focus for the Company, delivering on both our growth and sustainability objectives. We supported several offshore wind developments in Taiwan during the year and also completed our ********first project in South Korea. Forecast activity for this sector continues to be very positive with ******over 4,000 turbines to be installed and over ******US$100 billion expected to be spent on offshore wind farm developments in Asia and Australia by 2031. As a vessel and subsea services intensive activity, we expect offshore wind to drive significant demand for our services over the coming years. DYOR please..
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