DOF Subsea has received a notice of early termination of a two-year charter contract for the vessel Skandi Acergy, from an international client. The notice period is 60 days, and the termination of the charter contract will be effective on 1 July 2020. DOF Subsea is entitled to a termination fee following the termination.

On the positive side, DOF are pleased to announce that an international Charterer have awarded Skandi Skansen a contract for a ploughing scope of work with commencement later this year. Skandi Skansen is a large Anchor Handler/Installation vessel owned by DOF Installer ASA.

In addition, DOF Subsea is pleased to announce a 6 months firm contract for one of the older CSVs to an international client. The client has options to extend the contract by up to 12 months.

About DOF Subsea Group

The DOF Subsea Group is a specialist subsea service business that provides subsea construction, subsea engineering, inspection, repair and maintenance and survey services, which involve complex and challenging engineering in an international environment.