Golden Energy Offshore Services (GEOS) has entered into two new term contracts for two of the PSV's of PX121 design vessels with a prestigious international charterer.
The details of the contracts are as follows:
Contract 1:
- Vessel: PX121
- Commencement Date: January 2026
- Duration: 120 days + options
Contract 2:
- Vessel: PX121
- Commencement Date: December 2025
- Duration: 210 days + options
These contracts, made at market levels for this type of vessel, secure a substantial portion of utilization and add revenues in excess of USD 6 mill to the Company backlog.
Source: GEOS
