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Ocean Installer and North Sea Shipping Extend Their Charter Agreement
Ocean Installer, a subsidiary of Moreld AS, has announced the extension of its charter-party for the advanced multi-purpose offshore construction vessel “North Sea Giant” for an additional 18 months, now set to conclude at the end of the first quarter of 2027. This decision comes in response to ongoing strong demand for offshore construction capacity and is aimed at fulfilling contractual obligations. The extension reflects Ocean Installer's commitment to maintaining a robust operational presence in the offshore sector, ensuring they can meet the needs of their clients effectively.
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