China: A2SEA and COSCO Ink USD 155 Mln Shipbuilding Contract

A2SEA (owned 51% by DONG Energy and 49% by Siemens Wind Power) has signed a contract with Chinese company, COSCO Shipyard Group Co., Ltd., for the construction of a new jack-up vessel specially designed for the purpose of installation of offshore wind turbines. The contract has a value of USD 155 million (approx. DKK 890 million).

The new vessel is expected to be delivered in 2014. It will be designed as a jack-up vessel optimised to operate at water depths of up to 45 meters, and it will therefore be well-fitted for the installation of upcoming offshore wind projects in the Northern European offshore market.

The information provided in this announcement will not change DONG Energy’s previous financial guidance for the financial year 2012 or the expected investment level.

Source: dongenergy, March 23, 2012; Image: cosco-shipyard

Share this article

Follow World Maritime News

Posted on March 23, 2012

In Depth>

Events>

<< May 2015 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Seawork International

SEAWORK International is the largest international commercial maritime and workboat exhibition and business forum held in a European working…

read more >

Basic Dry Dock Training

The course begins with the basics and safety concerns, and progresses through all phases of dry docking: preparation, docking, lay period…

read more >

Offshore Accommodation and Access

Asia’s ONLY Event on Offshore Accommodation

Offshore Accommodation and Access is the only event in Asia that provides you the key to find cutting-edge accommodation solutions for your offshore personnel. Get the latest outlook from key players as well as technical, commercial and operational perspectives that drive the market.

More info

Contact Details:
Email: register@ibcasia.com.sg
Telephone: +65 6508 2401
Fax: +65 6508 2407
Mail: IBC Asia (S) PTE LTD, 111 Somerset Road, TripleOne Somerset #10-06 Singapore 238164

read more >

Global Tax Optimisation for Shipping

Singapore’s First Commercially-Focused Tax Event

Asia’s first commercially focused tax briefing will confront the complexities, bring case studies, review how other corporations are approaching the challenges, and offer insight into recent court rulings that can impact your company.

The 2 day briefing will provide updates, strategies and solutions for strategic as well as day-to-day tax challenges.

More info

Contact Details:
Email: register@ibcasia.com.sg
Telephone: +65 6508 2401
Fax: +65 6508 2407
Mail: IBC Asia (S) PTE LTD, 111 Somerset Road, TripleOne Somerset #10-06 Singapore 238164

read more >