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Sea Worker sinking could prove expensive

Sea Worker sinking could prove expensive

01-02-2017 10:00:00

It could ultimately cost DONG hundreds of millions that the company's wind turbine platform Sea Worker in January sunk off Bjerregaard on the west coast last year. Finans wrote this.

The energy company failed to agree with their insurance company over who should bear the cost, not only to replace the lost platform, but also the expected high cost of removing the wreck off Bjerregaard.

The total cost can be hundreds of millions, and the amount is so large that DONG has chosen to include a note about risk in the prospectus the company drew up in the summer 2016.

Finans has unsuccessfully tried to obtain a comment from both DONG as well as P&I Club. DONG's earliest comment on the case will happen after publication of the company's annual accounts on Thursday.

In their account, the Maritime Accident Investigation Board pointed at several non-optimal decisions from the shipping company A2SEA's side in the accident.

Sea Worker was going from Frederikshavn to Esbjerg, when the towing cable burst in rough weather in late January and the vessel went aground off Bjerregaard south of Hvide Sande. A week after the platform capsized during a storm.

It is expected that the wreck will be removed during this year.

Source: Finans / Maritime Denmark

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