Havila and DeepOcean agree rate cut for subsea vessel

Havila and DeepOcean agree rate cut for subsea vessel

Havila Shipping and DeepOcean have negotiated a lower day rate for the subsea support vessel Havila Phoenix (built 2009), which DeepOcean has on charter.

The contract alteration was made in exchange for a contract extension, Havila said, but did not reveal a specific period.

The subsea support vessel commenced its charter to DeepOcean in late 2014 for a firm period of seven years, plus four optional one-year extension periods.

Between September 2013 and March 2014, the vessel was lengthened by 17.4 metres to accommodate new equipment needed to undertake cable laying and trenching for offshore windmill installations, which it was to undertake during the DeepOcean contract.

The conversion work was done at Havyard Ship Technology in Norway.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

Related Posts