GC Rieber Bags 4-month Charter for Polar Queen

Laxman Pai
Monday, November 5, 2018

Norwegian shipping company GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV  Polar Queen for a fixed period of four months with options to extend by up to one month.

A press note from the offshore shipping firm said that the project is the same as Polar Queen was engaged on during the summer of 2018. The vessel will be used in British sector to perform accommodation services and walk-to-work duties, and commencement will be in May 2019.

The charter further strengthens GC Rieber Shipping's backlog, securing full contract coverage for the summer of 2019. Both Polar King and Polar Onyx are on long term charters, and with the recent charter announcements for Polar Queen, the vessel will be employed almost continuously from now until September 2019.

"Polar Queen continues her success in the walk-to-work market, and we are pleased to see that the vessel, crew and our organizational capabilities are recognized in the market", says Einar Ytredal, CEO (act.) in GC Rieber Shipping.

GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, marine ship management and project development within the segments subsea, ice/support and marine seismic. The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels.

GC Rieber Shipping currently operates and has direct and indirect ownership in 11 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments. The company has its headquarter and a ship management office in Bergen, and an additional ship management company in Yuzhno-Sakhalinsk (Russia).

Categories: Vessels Offshore Energy Support Vessel Europe Contract

Related Stories

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Keel Laying for Wind Flyer Trimaran Crew Boat

Marine Masters Secures Wellhead Platforms Installation Job Off India

Eco Wave Finds Partner for Wave Energy Project in India

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

Subsea Redesign Underway for Floating Offshore Wind

Current News

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com