Havila Shipping ASA has entered into an agreement with Reach Subsea ASA for use of the subsea vessel Havila Subsea for three years. The agreement also includes two optional periods, each of one year.
Reach will mobilize ROV and survey equipment on board, which constitutes a subsea spread that will be used on projects within IMR, survey, light construction and renewables. The vessel and subsea spread is expected to be ready for operation during March 2017.
CEO Njål Sævik, says: "We are pleased to be awarded this contract for one of our vessels in a challenging market, and see this as an acknowledgement of Havila Shipping as a high quality operator and shipowner. We look forward to co-operate with Reach Subsea in the years to come."
Contacts:
CEO Njål Sævik, +47 909 35 722
CFO Arne Johan Dale, +47 909 87 706
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
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Source: Havila Shipping ASA via GlobeNewswire
HUG#2072736