"The new agreement ensures continuity andsupport for ongoing operations, as well as future projects, enhancing OceanInstaller’s operational capabilities and flexibility across various regions.North Sea Giant will be employed on secured work and new prospects in both the North Sea and international waters", said Kevin Murphy, CEO of Ocean Installer.
North Sea Giant is a modern advanced multi-purposeoffshore construction vessel. The vessel is DP3 and equipped with a hybrid battery system and has a fuel-efficient power and propulsion system. The vessel’s large deck, 400Te active heave compensated crane and two work class ROVS make her well suited for global construction operations.
In 2024, an Ocean Installer owned 150te VLS (Vertical Lay Spread) was mobilized on the vessel to also allow for flexible pipe and umbilical lay operation in deeper waters.
"We are very pleased with the performance of the North Sea Giant and the ongoing co-operation with NorthSea Shipping. The vessel has been continuously working since we took her on charter in early 2024. Numerous projects have been safely completed on a global basis and we have consistently received positive feedback from our clients.This charter-party extension reflects our shared commitment to deliver high-quality services in the years to come and we look forward to building an even stronger relationship with North Sea Shipping", said Kevin Murphy.
Geir Klepsvik, CEO at North SeaShipping, adds: "We value our partnership with Ocean Installer, and we are confident that this revised charter arrangement will continue to foster growth and further strengthening our collaboration. By building on our shared values and high focus on safety, we’ve managed to build a strong service that can meet the demands of the market for years to come."
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