Cotemar group has awarded Safe Regency a bareboat contract from 27 January 2014 until 31 December 2017.
The contract value is approximately USD 86 million.
The semi-submersible accommodation vessel, Safe Regency, was built in 1982 at the FELS yard in Singapore to a Pacesetter design.
She has an eight-point Thruster Assisted Mooring System (TAMS) utilising four 2.4 MW azimuthing thrusters capable of maintaining position in the harshest of environments.
Prosafe, December 16, 2013