A2SEA’s 2013 Earnings Record High

Business & Finance

A2SEA's 2013 Earnings Record High

A2SEA earned DKK 276,5 million (EUR 37 million) in 2013, which is the largest ever profit for the company in the 14 years of its operation.

“We secured a very large occupancy of our vessels in 2013 including our new vessel SEA INSTALLER operating throughout the entire year. This has resulted in an impressive revenue with a following impressive result,” says Jens Frederik Hansen, CEO in A2SEA.

“We expect a high occupancy of our vessels in 2014. Furthermore, within the next couple of months our second newbuilding SEA CHALLENGER will arrive in Denmark and start work on Westermost Rough in the summer. She will contribute substantially to the financial results in 2014.”

“With our new vessel we hope to be able to cement our leading position in the market and additionally contribute to lowering the cost of energy. By this we secure a continuous positive market for us to further develop our business,” says Jens Frederik Hansen.

Press release, March 11, 2014; Image: A2SEA