Cypriot owner Prosafe has once again stretched a standstill agreement with Cosco over the delivery of two new floatels.
The company said it remained in talks over a commercial solution with the Cosco Qidong Offshore shipyard for Safe Nova and Safe Vega.
The standstill deal will now last until 20 April, 2018.
In addition, the Safe Eurus is in a preserved strategic stacking mode at the yard and negotiations continue with Cosco over this unit too.
