Norway: DOF Inks New Charter Contracts

DOF’s subsidiaries, DOF Rederi AS and Waveney AS, have been awarded three contracts as follows:

– A 90 days firm contract + 60 days options with Saipem America Inc. for Skandi Fjord. The contract will commence in February 2014.

– A 9 months firm contract + 9 months options with CNR International (UK) Limited for Skandi Marstein. The contract will commence in March 2014.

– A 1 year firm contract + 1 x 2 years options with Peterson Den Helder BV for Skandi Waveney. The contract will commence in March 2014.

The firm period of these contracts represent a value of approx. USD 16 million.

[mappress]

DOF, February 14, 2014