Siem Offshore has canceled the fourth of four dual fueled platform supply vessels (PSVs) shipbuilding-contracts with Remontowa Shipbuilding in Poland, due to delay in the delivery.
“The company is covered with refund guarantees from an international bank for all pre-delivery installments made under the contract,” says Siem Offshore.
In December 2016, Siem canceled the third of the four PSV order for the same reason.
The four vessels were ordered in December 2013, and were scheduled to be delivered from Q3 2015 to Q2 2016.