Petrobras Extends Havila Princess PSV Contract (Brazil)

Norwegian owner of offshore support vessels, Havila Shipping ASA, has secured a new long term contract with Brazil’s state-controlled oil company Petrobras for the Platform Supply Vessel Havila Princess.

Havila Princess, build in 2005 at Kleven Verft AS, is operated for Petrobras in Brazil under existing contract up to August 2013. The new contract is for a firm period of four years up to August/September 2017, and one optional period of further four years up to August/September 2021.

The value of the firm contract period is about USD 40 million.