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IKM Subsea wins extension with “K” Line Offshore

IKM Subsea and “K” Line Offshore have reached an agreement to extend the current ROV services contracts on anchor handling tug supply vessels KL Sandefjord and KL Saltfjord by 5 years until the middle of 2020.

The contract is for a firm 5 years with 2 yearly options and is valued at $17.3m including options.

KL Sandefjord and KL Saltfjord are two the most powerful anchor handling tug supply vessels working in the North Sea. Through the combination of the highest bollard pull and the excellent ROV-services from IKM Subsea we experience being the preferred vessels for many of our clients. We are looking forward to continue this great and longstanding cooperation with IKM Subsea,” said Tomoyuki Okawa, chief executive officer of K Line Offshore AS.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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