The previously communicated charter agreement for “Tor Viking” applies to the 2014 and 2015 seasons in sub-Arctic waters with options for 2016 and 2017. The duration of each season is approximately 7 months including mobilization and demobilization with commencement around May 1st each year, the company said in its press release.
The drilling season 2014 has now been cancelled by the charterer. According to the contract VSS will be paid a cancellation fee.
The contract is still valid for the remainder of its periods.
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