Siem Offshore Enters Two Charter Agreements

Siem Offshore and Marine Platforms Limited have entered into a new contract for the MRSV “Siem Marlin”. The contract is made at market terms and is for a firm period of one year with start in April 2014.

Also, Statoil has exercised the option to charter the large-size PSV “Siem Sailor” for one additional year starting February 2014. Statoil has an option to extend the charter for one additional year.

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Press Release, October 30, 2013