Norway's Havila Shipping has torn up a long-term subsea vessel charter after counterparty DeepOcean filed for court protection in the UK.
The 127-loa cable-layer Havila Phoenix (built 2009) has served DeepOcean since 2013 and had a firm deal up to May 2023, with further options.
DeepOcean, whose headquarters is in Oslo, filed for court protection on 18 November to wind up its UK-based activities, including the subsidiary that chartered the Havila Phoenix.
