Norway’s Solstad Farstad has secured a contract extension from Blue Marine for its construction support vessel Far Sentinel.
The extension will see the 2015-built vessel work with Blue Marine for operations in the Gulf of Mexico for another 18 months to June 2020, after the original contract expires in November 2018.
The contract has added an early cancellation clause which is not exercisable before November 2018 and includes a significant termination fee.