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    A2SEA invests in purpose-built wind turbine installation vessel

    Vessel & ROV News // July 13, 2010

    Sea Installer will be built in China by COSCO Shipyard group.

    A2SEA has signed a contract with COSCO Shipyard Group Co Ltd for construction of a new vessel specially designed for installation of offshore wind turbines. The contract has a value of US$139 million.

    The new vessel is due to be delivered in the second half of 2012 and have the name Sea Installer. It will be a jack-up vessel optimized to operate at water depths of up to 45m and will therefore be well-suited for the installation of upcoming offshore wind projects in the UK as well as in other offshore wind markets.

    "An increasing number of offshore wind projects in the near future will lead to even higher demands for installation vessels than already seen today. With a new state of the art vessel, A2SEA will be able to meet our customers’ future demands and hold on to our position as the leading supplier of installation services," said Jens Frederik Hansen, CEO at A2SEA.

    Said the company: "Bringing down the installation time is an important factor in the ongoing work of industrializing the process to bring down the cost of constructing offshore wind farms. It has therefore been important to design Sea Installer to be able to carry 8-10 wind turbines at a time, which is significantly more than the capacity of the vessels which are currently available in the market.

    A2SEA is currently owned by DONG Energy. On June 29th 2010 it was announced that Siemens will become a shareholder in A2SEA through subscription of new shares. Closing of the agreement is expected in the fourth quarter of 2010.


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