Island Crown Offshore Vessel Hired by Oil Major

Norwegian offshore shipping player Island Offshore has entered into a contract with an undisclosed major oil company covering the charter of the purpose built, state of the art “Walk-to-work”, maintenance, subsea and support vessel M/V Island Crown.
The contract is a seasonal charter and the main duty for the vessel will be to provide accommodation and walk to work duties by means of a fully integrated gangway fitted on the vessel.

The duration of the contract is five months firm, and covers the seasonal charter of the vessel in 2014 and 2015, with further options for the 2016 and 2017 season.

The companies did not disclose financial details of the deal.

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November 12, 2013; Image: Tomas Østberg-Jacobsen