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    Artemis Shipping assumes control of BOS seismic vessels

    Company News // May 13, 2011

    Artemis Shipping, which is wholly owned by SpareBank 1 SR-Bank, has red into
    an agreement with Bergen Oilfield Services (BOS) to take over the seismic vessels Atemis Atlantic and Artemis Arctic.

    At the same time, a charter agreement for both vessels has been entered into between Artemis Shipping AS and Dolpin Geophysical for fixed contracts of four and five years respectively, including an option for two further options of two years each.

    The purchase of the two vessels was agreed after constructive negotiations
    between the board of BOS and SpareBank 1 SR-Bank, which was one of the siesmic company's largest creditors.

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