Ocean Yield finds work for ‘Lewek Connector’

Norwegian ship owning company Ocean Yield has secured a contract extension for its Lewek Connector subsea vessel.

Ocean Yield said on Monday that it secured the extension with an undisclosed charterer for a firm period until November 15. The deal has further extensions options which can see the vessel remain with the charterer until December 23, at a dayrate of $40,000.

Prior to this latest contract, the Lewek Connector worked for Emas AMC and later its parent company Ezra.

Ocean Yield ended the charter for the vessel it had with Ezra’s then cash-strapped subsidiary Emas AMC in mid-February, only to sign a four-month charter with Ezra, at a reduced dayrate, just days later.

Ezra extended the deal for the vessel in mid-May at a dayrate of $40.000. The three-month extension began on June 1.

The company also said on Monday that the current charter for the Lewek Connector would end on October 15 following the declaration of certain extension options.

Disclaimer: The previous version of the article erroneously stated that the vessel would stay with Ezra.

Offshore Energy Today Staff