Reach Subsea extended 3-year charter on Havila Subsea.

Source: www.gulfoilandgas.com 6/3/2024, Location: Europe

Reach Subsea ASA has entered an agreement with Havila Shipping ASA to extend the firm charter period for the IMR, survey and construction vessel Havila Subsea with 3 years until 31.12.2027. The contract includes additional options for 1 + 1 years.

In a rising market, maintaining strong operational control over core assets is crucial. We are witnessing ongoing positive market trends, with our order book and tender volume consistently increasing year by year, in line with our expanding capacity. A key component of our strategy is maintaining strong partnerships with shipowners known for their high-quality, safe, and cost-efficient performance. Our collaboration with Havila Shipping ASA since 2017 has been exceptionally positive, and we look forward to continuing this successful relationship in the years to come. Jostein Alendal, CEO of Reach Subsea

The agreement is made between two parties who know each other very well after many years of collaboration. Njål Sævik, CEO of Havila Shipping, says he looks forward to continuing the good cooperation.

I see this contract as a great recognition for Havila Shipping, Havila Subsea, and not least the crew on board for their efforts in keeping the ship in top class and ensuring that we deliver high-quality services every single day. Njål Sævik, CEO of Havila Shipping


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