Dutch owner Fugro has returned a bareboat-chartered construction service vessel to Oslo-listed owner Oceanteam.

The 7,000-dwt Southern Ocean (built 2010) has been on a long-term deal with Fugro since delivery, Oceanteam said.

But it has now been handed back, although it remains available to Fugro under an amended contract for one-off jobs until the end of the original term on 31 December, 2018.