Customer

A customer (sometimes known as a client, buyer, or purchaser) is the recipient of a Good or a service, or a product, or an idea, obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration. Etymologically, a client is someone merely inclined to do business, whereas a purchaser procures goods or services on occasion but a customer customarily or habitually engages in transactions. This distinction is merely historic. Today customers are generally categorized into two types:

  • An entrepreneur' or trader (sometimes a commercial Intermediary) who is a dealer that purchases goods for re-sale.
  • An end user or ultimate customer who does not re-sell the things bought but is the actual consumer or an agent such as a Purchasing officer for the consumer.
  • A customer may or may not also be a consumer, but the two notions are distinct, even though the terms are commonly confused. A customer purchases goods; a consumer uses them. An ultimate customer may be a consumer as well, but just as equally may have purchased items for someone else to consume. An intermediate customer is not a consumer at all. The situation is somewhat complicated in that ultimate customers of so-called industrial goods and services (who are entities such as government bodies, manufacturers, and educational and medical institutions) either themselves use up the goods and services that they buy, or incorporate them into other finished products, and so are technically consumers, too. However, they are rarely called that, but are rather called industrial customers or business-to-business customers. Similarly, customers who buy services rather than goods are rarely called consumers.

    Latest News for: Offshore market

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    New Yorkers would be forced to pay 2.5x market rate for wind energy from Empire ...

    New York Post 26 Apr 2025
    New Yorkers would be forced to pay 2.5 times the market rate for electricity generated by the Empire Wind One offshore wind farm if the deal goes through, according to an ... Graph showing the prices for power generated by the offshore wind projects compared to the standard market price, and how it is expected to raise over time....
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    Powering the future: La. joins wind energy market

    American Press 25 Apr 2025
    Louisiana is emerging in the offshore wind energy market, but is facing economic uncertainty following federal actions. Two Louisiana offshore wind (OSW) developments — Dow LA Gulf Wind and Cajun Wind, LLC — have been secured and are estimated to collectively generate $40 million in lifetime revenue ... Offshore wind demand and supply chain....
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    Major�Offshore�Wind Developer has Stopped Activities in United States

    gCaptain 25 Apr 2025
    FRANKFURT, April 25 (Reuters) – One of the world’s top offshore wind developers, Germany’s RWE, has stopped work on its U.S ... The comments by Markus Krebber are a heavy blow to the nascent U.S.offshore�wind market, which was a key pillar of former U.S ... RWE�holds three�offshore�wind leases in U.S....
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    RWE is Latest to Stop U.S. Offshore Wind Activities

    The Maritime Executive 25 Apr 2025
    market environment, Krebber will tell shareholders, “We have stopped our offshore activities for the time being,” while the company has also introduced “higher requirements for future investments in the U.S.” He says despite the company’s success ......
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    China’s medium & thick plate market faces tight inventory, rising capacity

    Yieh Corp 25 Apr 2025
    ... of 2025, China’s medium and thick plate market faced a key contradiction ... Still, sectors like shipbuilding and offshore wind remain resilient, offering a glimmer of support for domestic demand and potential market rebalance ahead....
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    US, offshore CRC prices continue to diverge

    Steel Market Update 25 Apr 2025
    Most offshore markets did the ......
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    Opinion: China’s Shipbuilding Dominance and Global Trade Competition in Context

    gCaptain 25 Apr 2025
    ... levied in response to perceived market distortion due to subsidies ... Stuart Nicoll is Director at Maritime Strategies International (MSI), a provider of independent market forecasting and business consultancy for shipping, offshore, maritime infrastructure and allied industries....
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    Achieving sustainability and building competitive advantage in European shipbuilding

    SAFETY4SEA 25 Apr 2025
    But competition for these relatively niche shipbuilding projects has grown steadily in recent years, with developing economies playing an increasing role in serving the offshore energy development, subsea infrastructure, naval and more recently, cruise ship markets....
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    Von der Leyen to meet Starmer at energy security summit in London

    RTE 24 Apr 2025
    The UK government kicked off the meeting by pledging to invest £300 million (€350 million) in the domestic supply chain for offshore wind projects ... The UK already ranks as the world's second-largest offshore wind market by capacity, after China, but spiralling costs amid high inflation and supply chain bottlenecks have hit the sector....
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    Britain Emphasizes Collaboration on Energy Security at Global Summit

    MarineLink 24 Apr 2025
    Prior to the meeting Britain pledged to invest 300 million pounds in the domestic supply chain for offshore wind projects. Britain ranks as the world's second-largest offshore wind market by capacity, after China, but the sector has suffered from high inflation and supply chain bottlenecks....
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    ABS Chairman Wiernicki to Retire After Leading Organization for 14 Years

    The Maritime Executive 24 Apr 2025
    It reported that it also maintained its leadership position in the global offshore market and expanded its support for governments while continuing to be in the forefront in digital and sustainability services ... Previously, he served as Senior Vice President, Global Business Development and Global Marine market sector for ABS....
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    ABS CEO Wiernicki to Retire After 14-Year Tenure

    gCaptain 24 Apr 2025
    “We have faced many challenges during my tenure, including the pandemic, the marine and offshore industry ... The company has strengthened its position in the global offshore market while expanding government support services and advancing digital and sustainability initiatives....

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