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REM Offshore hit by charterer default

Charterer Adams Offshore has defaulted on a charter for a CSV owned by REM Offshore.

Marcus Hand, Editor

April 5, 2016

1 Min Read
Kalyakan - stock.adobe.com

REM Offshore said that the charter party CSV REM Poseidon between REM Ship and Adams Offshore had been terminated due to a failure of the charterer to fulfill its obligations.

It said that the company had bank guarantees to secure payments through the second quarter.

REM Offshore currently has four vessels in lay-up comprising three PSVs and one CSV, with five other vessels coming open for spot charter in April and May.

About the Author

Marcus Hand

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

See more from Marcus Hand
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