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    SCAN Stigandi to cost US$8 million more than anticipated

    Vessel & ROV News // February 22, 2008

    SCAN Geophysical has provided another update on SCAN Stigandi, which is currently being converted to a 3-D seismic vessel at the Irving Shipyard in Halifax, Canada.

    Delivery is now expected on March 15th, but the final cost,
    including the upgrade to ice class and four-streamer configuration, is estimated to be approximately US$8 million higher than for the three-streamer vessel originally planned.

    SCAN said the extra cost will probably be met by increased time charter rates.


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