Havila Shipping PSV awarded extension from Total

Havila Shipping PSV awarded extension from Total

Norwegian offshore vessel owner Havila Shipping has been awarded an extension by Total E&P UK for 2010-built platform supply vessel Havila Commander.

The extension is for one year in direct continuation of the existing contract, and will keep the vessel with Total until mid-April 2020.

Havila Commander is one of 12 vessels in the company’s fleet of 27 that failed a performance test as part of the company’s restructuring. The vessel failed to generate an EBITDA of more than 2% of its debt, making it a non-core asset which could lead to it being sold.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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