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    Dolphin Group enters into agreement with Sanco for Sanco Swift

    Company News // October 26, 2011

    Dolphin Group is to enter into an agreement with Sanco Shipping regarding a five year charter agreement for Sanco Swift, a 16-streamer seismic vessel currently under construction at Kleven Maritime, Norway, with delivery in June 2013.

    As part of the agreement, Dolphin will acquire the streamer package to be installed on Sanco Swift, which is expected to have a total cost of approximately US$55 million.

    Dolphin has also confirmed that it will exercise an option to charter Polar Duchess from Rieber Shipping AS, with expected start of production in April 2012.


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