SeaBird Exploration secures contract extension for research vessel

Seabird Exploration has secured an extension for the charter contract of its research vessel Petrel Explorer.

The charter period of the contract has now been extended to May 31. Additionally, the company has received indicative bid interest from a prospective buyer of the vessel.

“Given the positive market backdrop, the company’s preferred strategy for the vessel is to maintain exposure through the current charter party. However, pending further extensions, the company may seek a new owner for the vessel,” Seabird said in a release.

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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