Dong inks Cosco wind farm newbuild

Dong job: Cosco Shipyard Group to build jack-up vessel for Dane

A Dong Energy joint venture has penned a $155 million deal to build a single wind turbine installation vessel at a Far Eastern shipyard.

The order from A2SEA for a jack-up unit is an option left over from the joint venture's original contract with Cosco Shipyard Group.

The vessel is to be built at Cosco Nantong shipyard just north of Shanghai with assembly at nearly related yard Cosco Qidong.

A2SEA, controlled 51% by Danish energy giant Dong with Siemens Wind Power holding the balance, has also pencilled in another option for an identical vessel at Cosco Nantong.

The latest newbuild will hit the water in 2014. Although it has been ordered on speculation, an A2SEA spokesperson told Upstream the company is already hunting charter coverage which will definitely see it work in the northern Europe offshore market.

The optional unit would need to be declared in about a year, the spokesperson continued.

A2SEA's original order at Cosco Nantong will be delivered in the third quarter this year after which it will initially be taken by Dong for installation of a small numbers of wind turbines off Denmark.

It will then head to the Irish Sea to work for a joint venture between Dong and Scottish & Southern Energy.


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