Volstad Enters Bareboat Charter Agreement for Geco Tau Vessel

Volstad Offshore AS have entered into a Bareboat charter agreement with Northwest Maritime AS, a DeepOcean subsidiary.

The Bareboat charter agreement is for the vessel Geco Tau.

The Bareboat charter has a duration of 2 years firm and includes a further 3×1 year options.

The vessel is considered on-hire as of 20 August 2014.

Press Release, August 29, 2014