Brief: Eidesvik Offshore Enters Into Contract For Newbuild Vessel

Eidesvik Offshore ASA

19/02/2024 11:41

Feb 19 (Reuters) - Eidesvik Offshore ASA  EIOF.OL :
    * ENTERS INTO CONTRACT FOR NEWBUILD LOW EMISSION VESSEL FOR
SUBSEA
AND OFFSHORE WIND MARKETS
    * EIDESVIK OFFSHORE IS PLEASED TO ANNOUNCE THAT IT TOGETHER
WITH
AGALAS HAS ENTERED INTO AN AGREEMENT TO BUILD A NEW CONSTRUCTION
SUPPORT VESSEL (CSV)
    * ESTIMATED BUILD COST IS EUR 81.5 MILLION
    * VESSEL WILL BE OWNED BY AN ENTITY TO BE NAMED EIDESVIK
AGALAS
AS, WHERE EIDESVIK WILL BE MAJORITY OWNER WITH 50.1%
    * REMAINING SHARES WILL BE OWNED BY NORTHERN NORWAY
SHIPOWNERS
AGALAS
    * PLANNED DELIVERY FOR VESSEL IS EARLY 2026
    * EIDESVIK AGALAS AS HAS BEEN GRANTED OPTIONS FOR 4
ADDITIONAL
VESSELS
    * UPON COMPLETION VESSEL IS SCHEDULED TO COMMENCE ON A 3 TO
5-YEAR
TIME CHARTER WITH REACH SUBSEA

Source text for Eikon:  ID:nObir2MTla 
Further company coverage:  EIOF.OL 

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