Østensjø Rederi Secured Multiple Contracts for Their Offshore Fleet

Source: www.gulfoilandgas.com 1/26/2024, Location: Europe

Østensjø Rederi is pleased to announce that they have secured multiple long-term contracts for their offshore fleet. The contracts, that have a total contract value in excess of NOK 2 billion, will be executed by Subsea Vessels Edda Fauna, Edda Sphynx and Edda Savanah, and Offshore Flotel Edda Fides.

– We take great pride in entering into new contracts with key industry players, acknowledging our ability to deliver high-quality maritime services. We look forward to working together with our clients and collaborating on performing advanced offshore operations, says CEO of Østensjø Rederi, Kristian Helland Vea.

The new contracts reflect an offshore energy market in improvement with strong demand and increasing rates.

– I am very pleased with the scale of the contract awards. Operating in a market with sustainable rates, is a development that is not only positive for us but also for the industry as a whole, says Vea.

Contract length varies between the vessels but secures utilization throughout 2024 and into 2026.


Denmark >>  12/2/2024 - A.P. Moller - Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped with dual-fuel engines. Combined, th...
India >>  12/2/2024 - Indian Register of Shipping (IRS) and Cochin Shipyard Ltd (CSL) have entered into an umbrella agreement aimed at developing indigenous technologies an...

United Kingdom >>  12/1/2024 - VARD is happy to announce that it has been awarded an Approval in Principle (AiP) of the methanol fueling system for two Commissioning Service Operati...
Bermuda >>  11/29/2024 - Flex LNG Ltd (“Flex LNG” or the “Company”) is pleased to announce it has agreed a new Time Charter Agreement (“TC”) for Flex Constellation for 15-year...

Singapore >>  11/29/2024 - Looking to expand its fleet of LNG carriers, GAIL (India) Limited signed a long-term time charter contract with Kawasaki Kisen Kaisha, Ltd. (“K” LINE)...
Singapore >>  11/28/2024 - A.P. Moller - Maersk (Maersk) celebrated the arrival of its newest dual-fuel methanol container vessel in Singapore today, as part of her maiden voyag...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.