DOF Subsea sells vessel, extends another contract

DOF Subsea sells vessel, extends another contract

Oslo: A subsidiary of DOF Subsea has entered into an agreement with Technip for the sale of DOF Subsea’s ownership in the joint venture vessel Skandi Arctic, with immediate effect. The transaction for the 2009-built diving support vessel has been done at market terms, the company said without divulging a price.

Meanwhile, the charter contract for the vessel Skandi Achiever has been extended by seven months with Technip and the vessel is now firm until February 2016.

DOF Subsea has been one of the more successful OSV players in recent months, scoring a wave of new contracts and extending many existing ones.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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