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DeepOcean receives cancellation for charter by TSMarine

Posted on 26.05.2008 - 12:00 EDT in GENERAL NEWS by Rons_ROV_Links

DeepOcean receives cancellation for charter by TSMarineDeepOcean has received a cancellation from TSMarine of the one year charteparty from 12th of March 2008 to 12th of March 2009 of the Normand Flower.

According to TSMarine the reason for cancellation is that DeepOcean refuse to operate the vessel in the OYO-field of Nigeria.

TSMarine states that this will block their opportunity of executing a planned contract in the region.

DeepOcean and Solstad dispute this cancellation and refers to the the clause in the charteparty allowing the owner to refuse working in areas with hositility.

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