The A2SEA Group invests in next generation vessel

The A2SEA Group has announced the acquisition of their third vessel M/V Installer. The vessel was delivered in Singapore on 8^th June to their associate company A2SEA Ltd, based in Derby UK and will after conversion enter the market during 2006. This acquisition follows a search for a vessel with the right strength and characteristics for the conversion to crane vessel for installation of offshore windfarms following a similar concept as for its sister vessels M/V Sea Power and M/V Sea Energy. The financial basis for this investment is additional share capital paid in by two of the existing shareholders; Loenmodtagernes Dyrtidsfond and Dansk Kapitalanlaeg and from Clipper Elite Carriers who have joined as a new and equal main shareholder in the company.