Prosafe and Jurong Shipyard Pte Ltd. in Singapore have agreed to a flexible delivery of the Safe Zephyrus to align with Prosafe’s contract portfolio.
If Prosafe defer delivery until after end 2015, Prosafe’s capital expenditure guiding for 2015 will be reduced by an amount equivalent to the final instalment of the Safe Zephyrus capital expenditure.
The Safe Zephyrus is complete and on budget.
Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 248.3 million in 2014 and net profit was USD 178.8 million. The company operates globally, employs 800 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS.