Reach Subsea receives contract for ‘Dina Star’

Reach Subsea has signed a contract with an international company for the vessel Dina Star. The contract starts in June and has a duration of 4-6 months.

The offshore operations will take place primarily in the High North areas. Dina Star has ice class 1B and De-Ice and will under this contract serve as a multipurpose vessel (MPSV).

The firm period of the contract has a value of approximately USD 10 million.

“It is an important contribution to the increase of the company’s backlog and supports the growth ambitions and business plan,” said the company in a statement.

Press Release, March 21, 2014

 

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