Solstad Farstad secures CSV contract extension

Norway’s Solstad Farstad has secured a contract extension from Blue Marine for its construction support vessel Far Sentinel.

The extension will see the 2015-built vessel work with Blue Marine for operations in the Gulf of Mexico for another 18 months to June 2020, after the original contract expires in November 2018.

The contract has added an early cancellation clause which is not exercisable before November 2018 and includes a significant termination fee.

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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