Dolphin has exercised the option and signed a long
term time-charter on the 3D seismic vessel Sanco
Sword from Sanco Shipping AS, for an initial 5 year
firm period with options to extend for additional 3
times 2 years.
The Vessel is the second purpose built high capacity
3D seismic vessel to be delivered from Kleven
Maritime's Myklebust Yard in Norway to Sanco
Shipping. She is the sister ship of Sanco Swift, also
chartered by Dolphin. Sanco Sword is scheduled to be
delivered from the yard in April 2014.
Atle Jacobsen, CEO commented, "Sanco Sword will be
the fourth high capacity 3D seismic vessel to be
operated by Dolphin and position us with one of the
most modern and efficient fleets in the industry. The
delivery timing of the vessel is ideal during a
further strengthening of the marine seismic market"
Ivar Slettevoll, Managing Director Sanco Shipping
commented, "we are pleased to further expand our good
business relationship with Dolphin Group. The Sanco
Sword will, as her sister ship Sanco Swift, be built
by Kleven Maritime yard in Norway. The vessel is
characterised by high transit speed, and industry
leading bollard pull which will enable large and wide
tow configurations. Furthermore, the vessel will be
equipped with the newest engine technology that will
provide safe and fuel efficient operations for the
charterer. The Sanco Sword is fully financed and we
look forward to start the building project with
Kleven Maritime's Myklebust Yard "
Attached, illustration picture of Sanco Sword
Atle Jacobsen, Ceo
Mobile: +47 97 71 53 36
E-mail: atle.jacobesen@dolphingeo.com
Erik Hokholt, CFO
Mobile: +47 90 75 60 64
E-mail: erik.hokholt@dolphingeo.com
Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO
Phone: +47 23 16 70 00
Fax: + 47 23 16 71 80
www.dolphingroup.no
Dolphin Group ASA has two main business areas;
Dolphin Geophysical AS and Dolphin Interconnect
Solutions AS. Dolphin Geophysical is a global full-
range, asset light supplier of marine geophysical
services and operates a fleet of new generation, high
capacity seismic vessels and offers contract seismic
surveys, multi-client projects and processing
services on a worldwide basis. Dolphin Interconnect
is a global supplier of high performance solutions
(hardware- and software) for the server and embedded
systems market. Dolphin Group ASA is listed at Oslo
Stock Exchange (OSE ticker: DOLP).