Gallery: Solstad Offshore inks deals for two vessels
- Business & Finance
Solstad Offshore has signed new deals for two of its construction support vessels (CSVs), Normand Installer and Normand Baltic.
Namely, SBM Offshore Services Inc. (SBM) declared their option to extend the existing contract for the CSV Normand Installer with a minimum of 200 days charter for 2016.
The Normand Installer is a deepwater construction vessel and has been on a similar contract with SBM since the vessel was delivered from the yard in 2006.
The Normand Installer is owned by Normand Installer SA, which is a Joint Venture Company of SBM Holding Inc S.A. and Solstad Offshore.
In addition, Solstad signed two new contracts for its 2010-built CSV Normand Baltic with a combined duration of about 180 days. The contract will start during August 2015.