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Delivery of Normand Reach

Published Jun 3, 2014 11:40 AM by The Maritime Executive

Solstad Offshore ASA (SOFF) has today taken delivery of "Normand Reach" (CSV) from Vard, Aukra.

The vessel will start on a 5 year firm chart with Reach Subsea ASA with additional 3*1 yearly options, with commencement about 10. June.

A long-term facility of NOK 510 million has been drawn from Eksportkreditt Norge AS. The facility is fully guaranteed by Nordea Bank Norge ASA and GIEK. 

The products and services herein described in this press release are not endorsed by The Maritime Executive.