Norwegian offshore vessel owner DOF has won a contract extension for one of its anchor handling tug supply (AHTS) vessels.
The extension was awarded to the 2015-built Skandi Cutter by an undisclosed charterer.
The vessel is currently operating in Canada under a contract set to end at the end of 2025. The vessel will now continue with the current client under the extended contract for a firm period of three years with two further annual extension options.
The financial details were also unclear. However, DOF defined the contract as substantial, placing it in the $25m and $50m range.
The vessel is no stranger to Canadian waters as it was deployed there straight after its construction was finished. It became part of the DOF fleet through the acquisition of Maersk Supply Service last year.
