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    Siem turns down newbuild PSV

    Vessel & ROV News // February 19, 2009

    Braemar Seascope Offshore reports that Siem Offshore has declined an offer to acquire a mid-sized PSV.

    The vessel was under contruction at Havyard Solstrand when it went into bankruptcy.

    Siem cancelled the contract after the bankruptcy.

    Siem was offered the opportunity to acquire the vessel at a higher price but recently turned it down.

    The shipyard is understood to now be seeking a buyer for the vessel.


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