Reach Subsea Secures New Contract for Dina Star

Reach-Subsea-Secures-New-Contract-for-Dina-Star-Vessel

Reach Subsea has signed a contract with a first class charterer on British sector for the vessel Dina Star. The contract has a duration of 30 days + option period of 30 days.

The vessel will be equipped with two WROVs and survey equipment as well as offshore personnel. Total turnover under the fixed part of the contract is approximately NOK 23 million.

Dina Star is a DP2 light construction/ROV vessel built by Kleven in Norway and equipped with a new 150T crane, ROV and LARS supporters.

“We are very pleased with the award of this contract that will ensure good utilization of Dina Star forward towards the next contract. Reach will under this contract display the vessel’s capabilities and our expertise with our own equipment and personnel on board to market,“ says Kåre Johannes Lie, Reach Subsea CEO.

Press Release, March 28, 2014

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