Charter Agreement

Siem Consub SA (Brazil) have signed a 2 year contract with StatoilHydro Brasil Ltda. with 2 x 1 year options, for a large PSV of VS 485 design. The contract was announced as a letter of intent in 1Q 2009.

The scheduled commencement is 1Q 2010.  Siem Consub SA is acting as managers to the vessel owner Siem Meling Offshore DA (Norway). Siem Meling Offshore DA is a 51% owned subsidiary of Siem Offshore Inc.  Siem Consub SA is a 100% owned subsidiary of Siem Offshore Inc.
For further information:
Christian Berg
Chief Commercial Officer
+47 97 40 55 53

Published 20-10-2009 in the Investor category