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Reach Subsea and MMT awarded several new contracts

Reach Subsea and  joint venture partner MMT have been awarded several contracts and call-offs under frame agreements for 2020 execution.

The contracts have about 450 project days in total and involves both inspection, survey and construction support work across Europe and the Americas.

Reach Subsea now have approximately 750 project days for 2020 execution, of which 160 were executed in the first quarter, and about 250 project days for 2021 execution.

“We are pleased to have secured contracts in a challenging time and we see that our good performance is working as a hedge to market shocks. We have taken serious measures to ensure the safety of our personnel during the COVID-19 pandemic, which has been very successful so far,” said Jostein Alendal, CEO of Reach Subsea.

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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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