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Reach Subsea awarded $4.6m worth of new contracts

Norwegian subsea service provider Reach Subsea has been awarded subsea IMR and survey and inspection contracts for the 2019 summer season worth a combined value of around NOK40m ($4.6m).

The awarded contracts are a mixture of two call-offs under Reach’s frame agreements and a larger contract won in the spot market. The contracts also contain optional periods.

Reach Subsea currently operates a fleet of eight OSVs.

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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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