Reach Subsea inks charter agreements for two vessels

Feb. 12, 2024
Reach Subsea has secured charters for its Northern Maria and Olympic Taurus vessels.

Offshore staff

HAUGESUND, Norway Reach Subsea has secured charters for its Northern Maria and Olympic Taurus vessels.

For the Northern Maria, the charter arrangement includes three years firm period and 6+6 months options. The Northern Maria survey vessel has a 20-ton crane and sufficient accommodation and deck capacity. 

For the Olympic Taurus, a project charter began in January for a duration of 100 days, with the potential for extension up to an additional 2+2 years. The Olympic Taurus multipurpose offshore vessel features diesel-electric propulsion. Equipped with a helideck and an AHC crane, it offers versatility that the company says is suited well for deployment in the IMR/LCV segments.

Both charters are subject to final approval from lenders.

02.12.2024