Reach Subsea Charters ROV/Subsea Vessel ‘Edda Fonn’

Reach Subsea has signed a three-year time charter agreement with Østensjø Rederi for the ROV/subsea vessel “Edda Fonn”.

Expected commencement of the contract is December 2014.

“Edda Fonn is a vessel we are very familiar with and which is very suitable for the services we offer to the market. This fleet expansion is also in line with our business plan. We look forward to start offshore operations from “Edda Fonn” together with Østensjø,” says Jostein Alendal, Reach Subsea CEO.

Edda Fonn is a multipurpose DP II vessel capable of performing ROV based survey, inspection, and construction support operations.

Press Release, June 24, 2014