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Fugro Terminates Forland Vessel Charter

Source: www.gulfoilandgas.com 8/2/2017, Location: Europe

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Forland Subsea II AS, which bareboat charters the Fugro Saltire from E Forland AS, has received a notice of termination for convenience from time charterers Fugro Subsea Services. The termination will be effective as from 1 October 2017.

Forland Subsea II AS will pursue any potential claims for losses arising out of the termination from Fugro Subsea Services. The obligations of Fugro Subsea Services are guaranteed under a parent company guarantee issued by Fugro N.V.

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