Volstad Modifies Canyon Offshore Charter Deals

Volstad Maritime and its related operating companies, Grand Canyon Operation and Grand Canyon Operation 2, have agreed to revise their current charter agreements with Canyon Offshore, the robotics subsidiary of Helix Energy Solutions Group.

The agreements revised are for three vessels: M/V Grand Canyon, M/V Grand Canyon 2 and M/V Grand Canyon 3.

The revised agreement for the M/V Grand Canyon provides for a reduction of charter rates in return for a two year extension to the term of the charter, and the revised agreement for the M/V Grand Canyon 2 provides for a reduction of charter rates in return for a one year extension to term of the charter.

With respect to M/V Grand Canyon 3 due to be delivered May 1, 2016, the parties have agreed to a reduction in charter rates, as well as a delayed activation and a cold stack period of one year, in return for a two year extension to term of the charter. After delivery, the vessel can still be activated at any time with a short notice period, Volstad explained.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

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Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

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