Subsea 7 charters Siem Offshore’s OSCV Siem Stingray

5/5/2014

Subsea 7 charters Siem Offshore’s OSCV Siem Stingray

KRISTIANSAND, Norway -- Siem Offshore and Subsea 7 have entered into a charter agreement for the offshore subsea construction vessel (OSCV) Siem Stingray, which is under construction in Norway.

The agreement is made at market terms and is for a firm period of three years with two yearly options. The charter will commence in third-quarter 2014 following delivery of the vessel from the Norwegian yard.

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