Siem axes PSV order due to delays

Published

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. 

Current News

Coastal Virginia Offshore Project Costs Increases to $11.5b

Coastal Virginia Offshore Proj

Equinor Extends Seadrill Drillship’s Stay off Brazil

Equinor Extends Seadrill Drill

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

MODEC Partners with Eld Energy

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Conrad, Empyrean Agree Settlem

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine