Siem cancels dual-fuel PSV on order at Polish shipyard

DECEMBER 14, 2016 — Norway's Siem Offshore today said that it had canceled the third in a series of four dual fueled platform supply vessels of VS 4411 DF design on order with Remontowa Shipbuilding S.A. in Poland.

Siem said that cancelation was "due to delay in the delivery" and said it is covered by refund guarantees from an international bank for all pre-delivery installments made under the contract.

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