Twelve offshore support vessels (OSVs) belonging to four prominent shipowners — including John Fredriksen and AP Moller-Maersk — are in danger of losing potentially $91m-worth of firm charter hire on the high-profile South Stream pipeline project in the Black Sea.
The possible termination of the 12 firm charters in the region comes hot on the heels of cancellations this week for nine expensive OSVs on a key Russian project in the Kara Sea (see story below).
Brokers
