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.