Norway: GC Rieber Shipping Secures Charter Contract for Two Vessels

GC Rieber Shipping, a company which currently operates 18 advanced special purpose vessels within offshore/shipping industry, has announced charter contracts for Polar Queen and Polar Prince vessels.

GC Rieber Shipping has entered into a charter party with Boa Marine Services Inc. for the CSV “Polar Queen” for a firm period until April 2013. The agreement also includes options for 2 years extension after expiry of the firm charter period. Boa Marine Services Inc. is a US subsidiary of the Norwegian owned Boa Group.

The time-charter with Reef Subsea for the subsea vessel “Polar Prince” has been extended to December 2014. The vessel will be utilised by Reef Subsea Power & Umbilical in their Offshore Oil and Gas and Renewable projects.

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GC Rieber Shipping, November 9, 2012