Reach Subsea has renegotiated and extended the charter party
agreement with Østensjø Rederi for the vessel Edda Fonn. Commercial
terms are confidential between the parties. The new contract
expires 01.01.2019.
Edda Fonn is currently scheduled for a contract starting 09.07 for
20 days firm + 20 days options.
CEO Jostein Alendal says: "We are pleased to have Edda Fonn in our
fleet, a vessel that fits into our focus markets and cooperation
with MMT Sweden. An important part of our operational strategy is to
collaborate with high quality ship owners and we are looking forward
to continuing the good relationship with Østensjø in the years
ahead. The extension of the Edda Fonn agreement is in line with our
growth strategy and targeted fleet size for the coming years."
For further information, please contact:
Birgitte Wendelbo Johansen (CFO)