New contract

Published: March 21, 2014

Reach Subsea has signed a larger contract with an
international company for the vessel Dina Star.

The contract starts in June and has a duration of 4-6
months. The offshore operations will take place
primarily in the High North areas. Dina Star has ice
class 1B and De-Ice and will under this contract
serve as a multipurpose vessel (MPSV).

The firm period of the contract has a value of
approx. USD 10 million. It is an important
contribution to the increase of the company’s
backlog and supports the growth ambitions and
business plan.

For further information, please contact:
Birgitte Wendelbo Johansen, CFO: +47 99 45 12 79