Fugro Norway extends charter on Hugin Explorer

Contracts, Tenders and Rates - April 3, 2012

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Siem Offshore and Fugro Geo Vessels AS, a subsidiary of Fugro Norway AS, have agreed to extend the bareboat charter of the vessel Hugin Explorer for a period of six years.

The new period commenced on 1 April 2012, and the charterer has options to extend the bareboat charter by two one-year periods.

The contract value for the new firm period is approximately US$45 million.

Hugin Explorer is a MT 6000 Mk2 design built in 2006.



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