Sep 26 2018 CSV Southern Ocean will support McDermott on their subsea installation project off the East Coast of India. Mobilisation of CSV Southern Ocean will start at the end of the year and the works are expected to be completed in the second quarter of 2019.
May 02 2018 The contract for CSV Southern Ocean entered into in February 2018 has been further extended with one month firm. The client is granted additional extension options after expiry of the firm period. The Construction Support Vessel will continue to be assigned to multiple smaller projects within the APAC region.
Feb 15 2018 On 15 February 2018, in light of the current state of the market, DOT Shipping (a joint venture between Diavaz and Oceanteam) and Pacific Radiance Ltd have mutually agreed to terminate agreements, which were entered into on 9 October 2014, for purchase and bareboat chartering of the vessel Tampamachoco 1 (T1) without further liability to Diavaz-Oceanteam.