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Prosafe lays up accommodation vessel as another comes out of contract

Prosafe is preparing to lay-up accomodation vessel Jasmina as another vessel, Safe Britannia, comes out of contract.

Jasmina, which has a capacity to accommodate 535 people, has been out of contract since February 2015 and is now being relocated to a lay-up location.

Prosafe’s fleet utilization rate in the fourth quarter of 2015 dropped significantly to 62%, and while Safe Hibernia has extended its contract until end of the first quarter of 2016, Safe Britannia came out of contract at the end of December 2015 and remains in operational readiness mode awaiting new assignments.

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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