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NSRI

The voice of the UK subsea industry

Harkand to Charter Siem Spearfish

Harkand to Charter Siem Spearfish

26 November 2013

Siem Offshore and the Harkand have entered into a charter agreement for the subsea vessel Siem Spearfish, which is under construction in Norway.

Siem Offshore said theagreement "was made at market terms" and is for a firm period of five years with three yearly options. The charter willcommence in May 2014 following delivery of the vessel from a Norwegian yard.

The vessel will support the development of the Harkand group in the provision of inspection, maintenance and repair (IMR)services in the deep water Gulf of Mexico.