Havila Shipping Enters Long Term Contracts for Two Vessels

Havila Shipping has entered into a new contract with Subsea 7 for the Havila Subsea.

The contract is for a firm period of one year and will keep the vessel working for Subsea 7 to the end of 2014.

The contract include two optional period each of one year.

Havila Shipping has entered into a contract with Centrica for the PSV vessel Havila Fortune.

The contract is for supporting the rig Noble Byron Welliver for 2 wells firm estimated to 280 days with 4×1 well option estimated to 180 days.

The contracts is on market based rates.

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Havila Shipping, October 14, 2013