Overview
- Safe Caledonia’s prospective charter would start in the second quarter of 2027 for six months with up to three months of options to support gangway-connected accommodation at the Captain field.
- The vessel has been working at Captain since June 2025 and is currently contracted to early February 2026 after nine weeks of options were exercised, with three weeks still available.
- Prosafe reported 100% fleet utilisation in November 2025, with Safe Eurus, Safe Notos and Safe Zephyrus operating at full capacity in Brazil and Zephyrus’ Special Periodic Survey shifted into 2026.
- Safe Boreas has arrived in Australia and is earning full day rate from December 15, 2025, with its 15‑month firm period to begin upon gangway connection expected in the first quarter of 2026.
- CEO Reese McNeel said all units are now contracted into 2027 and the company is prioritizing backlog extension at higher day rates and operational efficiencies to support revenue and EBITDA growth.