Reach Subsea has entered into an agreement with Volstad Maritime for use of the subsea vessel Deep Cygnus for 4 years, with an option to extend for 1.
The commercial terms of the charter agreement are confidential between the parties but are structured in a way that enables Reach to offer a high-quality subsea service to our clients. The vessel will be installed with launch and recovery systems (LARS) and ROVs prior to delivery to Reach Subsea. Reduced carbon footprint is a high priority for Reach Subsea, and battery installation on the vessel is scheduled during the winter of 2023/2024.
Source: Reach Subsea
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