Østensjø Rederi has secured multiple long-term contracts for their offshore fleet. The contracts, which have a total contract value over NOK 2 billion, will be executed by Subsea Vessels Edda Fauna, Edda Sphynx and Edda Savanah, and Offshore Flotel Edda Fides, reports Vessel Finder.
About the contracts
“We take great pride in entering into new contracts with key industry players, acknowledging our ability to deliver high-quality maritime services. We look forward to working together with our clients and collaborating on performing advanced offshore operations, says the CEO of Østensjø Rederi, Kristian Helland Vea.
The new contracts reflect an offshore energy market in improvement with strong demand and increasing rates.
“I am very pleased with the scale of the contract awards. Operating in a market with sustainable rates, is a development that is not only positive for us but also for the industry as a whole, says Vea.
Contract length varies between the vessels but secures utilization throughout 2024 and into 2026.
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Source: Vessel Finder
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