New Charter Contract for PSV Siem Hanne

Siem Offshore and Hess Equatorial Guinea Inc. have entered into a contract for the PSV “Siem Hanne” for operations offshore Equatorial Guinea.

The charter contract has commenced and is for a firm period of 12 months and Hess has an option to extend the charter contract by 1 x 6 months plus 6 x 1 months. The contract has been made on market terms.

PSV Siem Hanne is designed to carry out regular supply functions and cargo transport for the oil industry as well as Standby functions. The vessel is designed with a well deck for maximum protection for cargo and crew.

Siem Offshore, October 31, 2013