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>


<< Oct 2016 >>
26 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 1 2 3 4 5 6

Seatrade Maritime Middle East 2016

Seatrade Maritime Middle East – the maritime meeting place for the Middle East – returns this year under the patronage of His Highness Sheikh…

read more >

Danish Maritime Days 2016

At this year’s Danish Maritime Days, four themes will highlight some of the most important challenges and opportunities which the global…

read more >


SHIPTEC CHINA builds up itself into a more outstanding, influential and well-reputed maritime event in northern China…

read more >

Danish Maritime Technology Conference 2016

A part of Danish Maritime Days 

For the first half of 2016, the key buzzword of the maritime industry have been ‘The Fourth Industrial Revolution’. The global maritime industry stands in the midst of a market with changing dynamics, where emerging technologies give endless possibilities with an unprecedented processing power.

The emerging technologies have opened up for new products and services that increase efficiency through the entire maritime value chain. The Danish Maritime Technology Conference looks at the key drivers emerging in and from the Fourth Industrial Revolution – the technologies, the products and the services that leads this market change.

The new waves of accelerating technological development require new forms of conducting agile business, given the speed at which innovation and disruption takes place. Members of Danish Maritime are global market leaders within the maritime industry, and together with specialists they will discuss their core challenges and present their solutions to a game changing market.

More info

read more >