Redelivery of Vyacheslav Tikhonov postponed

World News: . []

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) refers to its announcement dated 17 December 2019 regarding the scheduled redelivery of “Vyacheslav Tikhonov” (the “Vessel”).

It has been agreed with Sovcomflot (“SCF”) to postpone the redelivery of the Vessel until the completion of work which SCF has been awarded by a third party in Asia. SCF continues to seek further projects for the Vessel after the awarded assignment. Subject to any future agreement, redelivery is expected to occur in the second half of Q2, 2020.

The current ‘charter back’ of the Vessel will expire on the Vessel’s arrival at the project mobilisation port in Asia. 

 

Hans-Peter Burlid, CFO+971 50 559 8175

 

More news and information about Polarcus Limited

Published By:

Globe Newswire: 06:00 GMT Tuesday 14th January 2020

Published: .

Search for other references to "redelivery" on SPi News


Share

Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2020. [Admin Only]
 
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.
 
Privacy Policy | Terms and Conditions | Contact Us