Extension of Contract for MV Hugin Explorer

Siem Offshore has agreed to extend the current charter period for the seismic node vessel "Hugin Explorer" with 15
months taking the firm period of the charter up to 1st July 2019. The parties have further agreed to a purchase
obligation for the charterer at the end of the firm period. Both parties are pleased with this mutual beneficial arrangement.

For further information, please contact:

Idar Hillersøy
Chief Executive Officer
Siem Offshore Inc.
Phone +47 916 76 812

Published 04-08-2016 in the Investor category