Fugro: Termination “bad news” for Forland




Dutch subsea vessel owner ditches charter for 2008-built ship a year earlier.

Fugro Subsea Services has terminated a contract with Forland Subsea and brokers describe this development as “terrible news” for the latter.

Forland said in an announcement today that it received a notice of termination for the 2,881-dwt Fugro Saltire (built 2008), effective from 1 October 2017.

The Norwegian company said it will pursue any potential claims for losses arising from this termination.

Chief executive Frode Bjorn Forland did not comment on the reason of the cancellation and Fugro had not responded


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