Norway's Siem Offshore has agreed with Norske Shell to extend the current charter contract for the dual-fuel platform supply vessel (PSV) Siem Pride until November 14, 2025.
The agreement for Siem Pride was made at market terms.
Originally chartered for five years for work on the Draugen and Ormen Lange field in the North Sea, the 2015-built Siem Pride has a 980-square-metre cargo deck area.
The 5,500DWT DP2 vessel measures 89.2 metres by 19 metres and accommodates 25 crew.