CONTRACT WITH SEMARCO FOR PROVISION OF LQB SHKOTOV
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25.11.2017

CONTRACT WITH SEMARCO FOR PROVISION OF LQB SHKOTOV


On the 22 November 2017 SemArco LLP, a joint venture between Semurg Invest (Kazakhstan) and Archirodon (Greece), and Caspian Offshore Construction LLP have signed a Letter of Intent for provision of the Living Quarter Barge Shkotov to support SemArco CaTRo canal maintenance operation in the North Caspian. Duration of the contract shall be three years plus one year in Charterer’s option.

Upon signing the LOI, Caspian Offshore Construction have initiated the process of mobilizing LQB Shkotov to Bautino Port to have the vessel ready in all respect to commence operation March 2018.

"We would like to extend our appreciation to SemArco for choosing COC and our vessel to perform these services. This is our second major contract within TCO FGP campaign and we are very proud to be an important party to this exciting project", said Mr. Stanislav Belov, Business Development Manager and Director of COC Aktau Branch Office.

LQB Shkotov is expected to arrive to Bautino Port by the end of November 2017.