Offshore ship owners Bourbon and Oceanteam have pushed back loan payments for two jointly owned offshore construction support vessels (CSVs) for two years.
Oslo-listed Oceanteam said instalments related to debt on the 118-loa Bourbon Oceanteam 101 (built 2007) and the 133-loa Southern Ocean (built 2010) will be halted until 2022, when the whole facility falls due.
Payments had been scheduled for this month, but the owners took advantage of a clause in the loan agreement allowing the delay.
