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Siem Offshore secures seismic vessel extension

Siem Offshore has announced that it has reached an agreement with Fugro Geo Vessels to extend the current charter period for the seismic node vessel Hugin Explorer for 15 months.

Fugro last extended the charter of the 2006-built in April 2012 for a period of six years. The extension will take the firm period of the charter to July 1 2019.

Both parties have further agreed to a purchase obligation for the charterer at the end of the firm period.

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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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