Nordic American Offshore Ltd. (NYSE: NAO) has been awarded a two-year fixed contract for the Platform Supply Vessel (PSV) built in 2015, NAO Viking.
Commencement will be about mid-December 2018. The contract also grants the customer two one-year optional periods after the initial firm period.
"NAO Viking " will be operating primarily in the North Sea for a first class company. This contract has been concluded with one of the Company's regular customers.
The contract is securing steady employment and contribution for "NAO Viking".
Source: NAO