Reach Subsea nets 30-day deal for ‘Dina Star’

  • Business & Finance

Reach Subsea has signed a contract with a first class charterer on British sector for the vessel Dina Star.

Reach Subsea nets 30-day deal for Dina Star

The contract has a duration of 30 days + option  period of 30 days.  The vessel will be equipped with two WROVs and survey  equipment as well as offshore personnel. Total
turnover under the fixed part of the contract is  approximately NOK 23 million ($3.8 million).

“We are very pleased with the award of this contract that will ensure good utilization of Dina Star until start-up of the next contract. Reach will under this contract display the vessel’s  capabilities and our expertise with our own equipment and personnel on board to market,” says Kåre Johannes Lie (CEO).

 Related:  Reach Subsea receives contract for ‘Dina Star’


Press Release, March 28, 2014


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