EnergyWatch

A2Sea made more than DKK 100 million last year

After two years plagued by large deficits, the formerly Dong and Siemens-owned offshore shipping company A2Sea reports a significantly improved result for 2017.

Photo: Hvide Sande Havn

Service and wind turbine carrier A2Sea, which was sold by Ørsted (formerly Dong) and Siemens last year to Belgium's GeoSea, has published a significantly better result for 2017 than in the two preceding years.

A2Sea finished 2017 with a result before taxes of DKK 102.1 million (USD 16.1 million), up from a net deficit before taxes of DKK 221.2 million the year before.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Glencore books huge profit from gas crisis

The exorbitant natural gas prices have led several countries to reverse course on coal. This has served to benefit mining company Glencore, which, unlike competitors, has decided not to cut down on coal production.

Pelosi's Taiwan visit could impact Tesla's battery supplies

According to Bloomberg, the Chinese government has interfered with Chinese battery manufacturer CATL’s plans to build a factory in the US. A decision on where to build the factory has reportedly been postponed due to Nancy Pelosi’s visit to Taiwan. Updated.

Further reading

Related articles

Latest News

See all jobs