Siem Offshore secures seismic vessel extension

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.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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