Prosafe defers last delivery instalment for ‘Safe Zephyrus’

Prosafe, an owner and operator of offshore accommodation rigs, has postponed its last portion of the payment due to Jurong Shipyard for the newbuild flotel Safe Zephyrus for June 2017. 

Namely, the final delivery instalment of the Safe Zephyrus will be reduced by $30 million and, according to Prosafe, the agreement to defer the last instalment represents a seller’s credit from Jurong Shipyard. As per the agreement, the last instalment will be repaid in a single payment on or before June 15, 2017.

Prosafe informed in November that the flotel, built by Jurong Shipyard in Singapore, was complete. At the time, the owner and the shipyard agreed for a flexible delivery of the rig which is now scheduled for the end of January 2016.

The rig is scheduled to start its time charter with Det norske in June 2016 until December 2016 on Ivar Aasen field offshore Norway. However, the provider of rigs can nominate either Safe Zephyrus or its sister rig Safe Boreas for this contract.

Built based on the GVA 3000E design, the Safe Zephyrus will be capable of operating gangway connected in deep water and in harsh environments alongside fixed platforms, floating platforms and floating production offloading vessels.

The 450-person capacity Dynamic Positioning class 3 (DP3) accommodation semi-submersible rig features a 12-point mooring system suitable for harsh-environment operations on the Norwegian Continental Shelf.

Offshore Energy Today Staff

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