Havila Shipping has seen Total E&P UK exercise options to keep one of its platform supply vessels (PSVs) employed until 2019.
After hiring the vessel for five years in 2012, the oil major has now agreed to extend the charter of the 4,900-dwt Havila Commander (built 2010) for up to two years.
Havila said the daily rate “reflects the market conditions” and remains confidential between the parties.
As TradeWinds reported earlier this week, Havila is winding up its joint venture (JV) with Singaporean owner POSH.
Four vessels operated under the JV will be sold as part of Havila’s restructuring.
The Njal Saevik-led company reported a net loss of NOK 1.08bn ($127.3m) in the fourth quarter, compared to red ink of NOK 1.44bn in the corresponding period of 2015.
Havila had 10 out of its 27 ships laid up between October and December while one ship was later sold.
