In another sign of tough times in the North Sea OSV market, Norway’s Havila Shipping ASA reports that Shell UK Limited has redelivered the PSV Havila Crusader early.
Havila says that the vessel was chartered from January 18, 2020, for a period of two wells firm and that the parties agreed on an estimated charter period of one year.
“The parties have different views on the obligation of Shell UK Limited in a
charter party based on two wells,” says Havila, adding that it “will consider which steps to take towards Shell UK Limited as a result of the early redelivery.”
Delivered in 2010 by Norway’s Hellesøy Shipyard, the 85 meters by 25 meters Havila Crusader will now be laid up, awaiting improved market conditions.