SOUTHERN STAR
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‘SOUTHERN STAR’ Bucks the Trend with Six Year Contract
The new build Subsea Operations Vessel SOUTHERN STAR ’ has commenced a six year bareboat charter, an increase of a year on the original deal, with options for extensions. The charter is in contrast to current industry norms which have seen length of charters reduced in the current ‘difficult’ market. Singapore based Tasik Subsea, designed the vessel “SOUTHERN STAR” and supervised its on time and on budget build by Fujian Mawei Shipbuilding Ltd in Fuzhou, China, at their new state of the art Culu Island shipyard, and have worked very closely with the charterers to ensure they have a technically advanced, cost effective vessel.
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