Reach Subsea Secures New Contract for Dina Star Vessel

Reach Subsea has signed a contract with an international company for the vessel Dina Star.

The contract starts in June and has a duration of 4-6 months. The offshore operations will take place primarily in the High North areas. Dina Star has ice class 1B and De-Ice and will under this contract serve as a multipurpose vessel (MPSV).

The firm period of the contract has a value of approx. USD 10 million. It is an important contribution to the increase of the company’s backlog and supports the growth ambitions and business plan.

Press Release, March 21, 2014; Image: Reach Subsea