Reach Subsea Unit Wins Charter Contract

Reach Subsea has won a charter contract for its DP2 Light construction vessel Dina Star. The contract has a duration of 30 days + option period of 30 days.

Reach Subsea Unit Wins Charter Contract

Dina Star 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 $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).

The platform supply vessel (PSV) Dina Star, designed by Norwegian company Marin Teknikk, is 93 meter long with deadweight tonnage (DWT) approximately 5000 ton and is serving as a multipurpose oil field supply and construction vessel in the North Sea.


reachsubsea, March 28, 2014