Solstad CSV picked by Reach Subsea for Mediterranean and Black Sea

Vessels

Norway’s Reach Subsea is set to charter a Solstad construction support vessel (CSV) for deployment in the Mediterranean and Black Sea region as part of its commitment under a newly secured letter of intent (LOI).

Source: Solstad via LinkedIn

Reach Subsea’s new LOI is for a contract covering inspection, maintenance, and repair (IMR) and light construction services for a period of two years, including a one-year extension option.

In connection with this, the company has entered a separate LOI with Solstad Maritime (SOMA) for the charter of Normand Jarstein.

Subject to a final contract, the commitment will see the vessel begin transit during the current week.

The final contract, expected to be concluded the following week, is for a firm period of two years, with one optional year.

The 2014-built, 117.35-meter-long Normand Jarstein previously had a 135-day contract for subsea support and services in West Africa, partnering with Omega Subsea, after which it operated in the North Sea.

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