Island Offshore Inks $56m Worth Contracts

81

  • Norway’s Island Offshore has been awarded several new vessel contracts.
  • The company said that all 25 of its vessels were currently employed.
  • The contracts cover employment across segments.

Norway’s island offshore has been awarded several contracts, they ensure the employment covering the contracts. As per a recent article by Splash 247.

Being awarded the contracts

Norway’s Island Offshore has been awarded several new vessel contracts during the first months of 2022 worth approximately NOK500m ($56.6m).

The company said that all 25 of its vessels were currently employed and as of this month, 60% of available days in 2022 have been sold out.

The contract and employment

The contracts cover employment across segments including platform supply vessels, anchor handling tug supply (AHTS) vessels, subsea, offshore wind and light well intervention.

“These contracts evidence a continued market recovery despite the current international instability following the conflict in Ukraine,” stated Tommy Walaunet, Island Offshore’s managing director.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: Splash 247

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.