Sovcomflot to return seismic vessel to Polarcus in November

Russia’s Sovcomflot will redeliver the Vyacheslav Tikhonov vessel to seismic player Polarcus in November 2019.

The company added it was in discussions with a number of potential projects with customers and would explore opportunities for the vessel after redelivery.

The Vyacheslav Tikhonov, originally named Polarcus Selma, has been on a long-term charter with Sovcomflot since delivery from the yard in 2011, with an extension signed in 2015. The charter was set to expire in October 2019.

The Russian firm said in March it would redeliver the seismic vessel by the end of April, earlier than originally planned, but later opted to extend the bareboat charter period of hire for two years – until October 2021, with further extension options.

It is worth noting that both parties had redelivery options during the extended hire period. SCF’s first redelivery option, which the company has now decided to use, was exercisable following the completion of the wide-azimuth program.

The Vyacheslav Tikhonov is a high ice class 8 streamer vessel suited to 3D XArray exploration requiring cable separations of 160 to 200m. It was built to the Ulstein SX133 design and incorporated the Ulstein X-Bow hull.

5 Ways TOP Can Help Your Social Media Game.

EVERYTHING BUSINESSES NEED TO KNOW ABOUT FOREIGN DIRECT INVESTMENTS.

3 Reasons TOP Is The Best Ebooks Library. To know more click >>> onlinelobbying.com.

Get Expert Help With Press Release Services Through TOP.

4 Reasons All Freelancers Should Be Working With TOP.

Why TOP Platform Is A One Stop Shop For Making Money Online.

TOP Helps You Earn Money As A Social Media Influencer From Home.

Where To Go To Buy From An Online Photos Gallery.

TOP Gives Writers A Way To Earn More By Selling In The Ebooks Library.

3 Ways To Get Ahead Of Reputation Repair With TOP.

No Better Option For Online Reviews Than TOP.

2 Ways TOP Helps You Earn For Reviews You Write.

5 Reasons To Go With TOP for All Online Reputation Repair.

4 Benefits To Partnering With TOP Platform For Translation Services Work.

3 Simple Benefits for Advertisers to Registering with TOP.