New contracts awarded

Nexen UK has awarded Ocean Tay a 2 year firm contract + up to 12 months options, with start up in December 2013. Ocean Tay is present in Sunderland underlying conversion to comply with UK class A standby requirements.
Teekay has awarded Ocean Swift a three year contract at the Banff field. Ocean Swift will commence the contract in January 2014

Ocean Tay in Sunderland

Blue vessels sold to NOA

Blue Ship Invest have sold all their six vessels to Nordic American Offshore (NOA), partly owned by Nordic American Tankers (NAT) which is listed on the New York Stock Exchange.
NOA will continue the Management agreement with Atlantic Offshore on Blue Power, Blue Thunder and Blue Protector.
For the crew and charterers there will be no changes in day to day business and operations.

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