Brief: Oceanteam: Delivery of CSV Tampamachoco 1 deferred for one year
16/12/2016 08:21
Dec 16 (Reuters) - Oceanteam ASA OTS.OL :
* Says its unit, Diavaz-Oceanteam Shipping (DOT), has agreed with seller Pacific Radiance to
postpone delivery of CSV Tampamachoco 1 (T1) for one year
* Delivery now scheduled for January 2018
* DOT holds option to further delay delivery for another year
* Pacific Radiance will absorb additional costs for deferred delivery
* Delivery postponed due to ongoing challenging oil and gas market
Source text for Eikon: ID:nGNE7LCRZJ
Further company coverage: OTS.OL
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