CSV Bourbon Oceanteam 101 extends charter contract with client for works in Angola

Nov 18 2019
The current charter agreement of Bourbon Oceanteam 101 (CSV “BO 101”) has been extended until mid-first quarter 2020 with possible further extension options well into 2020.
The initial charter started in 2016. Over the past period the CSV BO 101 has successfully assisted in installing jumpers and X-mas trees for its offshore client in Angola. Oceanteam, as co-owner of the CSV BO 101, is very pleased the charter has been extended and that the vessel can increase its track record in the region. The vessel will remain deployed off the coast of Angola. Oceanteam holds ongoing discussions with client to serve her in the best possible way in 2020 and beyond.

About Oceanteam ASA
The Company is an investment platform for offshore wind renewables, subsea and marine contracting services. Oceanteam is currently comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. Oceanteam Shipping co-owns, charters and manages two high-end versatile deep-water construction support vessels, active in the offshore wind and subsea segments. Oceanteam Solutions is a service provider to the renewable offshore wind industry with the supply of rental equipment and integrates services for the transportation, storage and handling of subsea cables. Oceanteam has been active in the industry as an offshore solutions provider for over twelve years.
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For further information please contact:
Leidus Bosman
CEO, Oceanteam ASA
T +31 20 535 75 70