DOF Subsea has secured a long-term time charter contract for one of its construction vessels.
The new contract will start as the current contract expires in August 2019.
The new contract will last until April 2022, DOF Subsea informed.
The company did not reveal the value of the contract, nor the name of the client.
In related news, the company recently secured the inspection, maintenance and repair (IMR) frame agreement from Equinor. The contract is also scheduled to start in 2019.