Rem Offshore secures contracts for five vessels

Norwegian offshore shipping company Rem Offshore has been awarded five contracts for its vessels with a total contract value of about NOK 200 million ($23.4M).

Rem said on Wednesday that the vessels which had been awarded new contracts are three 2013-built platform supply vessels – Rem Mira, Rem Cetus, and Rem Insula – and vessels to be named Rem Trader and subsea construction vessel Rem Inspector.

Fredrik Remøy, CEO of Rem Offshore, said: “The value of these contracts significantly contribute to the earnings visibility of Rem Offshore and creates a solid foundation for further growth. These awards also showcase our organization’s talent for value creation in what is still a trying market.”

The vessel owner has not provided any further details about the value of the contracts nor its clients.

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