Cal Dive, Fugro join for vessel charter

Cal Dive International Inc. (NYSE:DVR) and Fugro have entered into a partnership for the long-term charter of the DP-2 Toisa Paladin dive support vessel.

Offshore staff

HOUSTON –Cal Dive International Inc. (NYSE:DVR) and Fugro have entered into a partnership for the long-term charter of the DP-2 Toisa Paladin dive support vessel.

The agreement with Toisa Pte Ltd. has a three-year term with two six-month extensions.

Cal Dive also has entered a three-year frame agreement with an unnamed operator and expects this to keep the vessel in use through the end of the year.

8/01/2012

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