Norwegian offshore supply vessel owner DOF Group has secured ‘substantial’ contract extension for its anchor handling tug supply (AHTS) vessel Skandi Cutter.
The vessel is currently operating in Canada on a contract ending at the end of 2025, and will continue with the current client under the extended contract for a firm period of three years with two further annual extension options.
DOF deemed the contract as substantial, meaning its value is between $25 million and $50 million.
Built in 2015, Skandi Cutter features Vik Sandvik 482 AHTS design. It is 84.9 meters long, and can accommodate 44 people.