Offshore Shipping Online

A publication for the offshore shipping industry published by Clarkson Research

  • Offshore Intelligence Monthly
  • Menu

    Siem Offshore seeks damages after charter party terminated

    Company News // February 2, 2016

    Siem Offshore says a charter party between the company and Marine Engineering Diving Services (MEDS) dated 13 May 2015 has been terminated due to non fulfilment of charterers' obligations.

    The vessel was originally fixed for a firm charter period of five years with a purchase obligation at the end of the charter period.

    Siem Offshore said it will pursue its rights to claim damages.

    More articles from this category

    More news