Volstad Shipping is disputing a notice of termination that it received from compatriot DeepOcean today.

DeepOcean wants to cancel the charter contract of the 85-loa Volstad Surveyor (built 2010), which has been working with the company since April 2012.

Volstad said in a statement that it strongly disagrees with DeepOcean and has rejected the termination as “without merits”.

It added that it will claim damages for all relevant losses.

According