GC Rieber Gets Charter Extension for Subsea Vessel Polar Queen

GC Rieber Shipping ASA has entered into a new time charter agreement with Boa Marine Services Inc. (BMSI) for the CSV “Polar Queen” for a fixed period of 3 years.

The new time charter agreement will be a continuation of BMSI’s existing charter for the same vessel and will commence April 2015. BMSI has chartered “Polar Queen” since October 2012. Boa Marine Services Inc. is a US subsidiary of the Norwegian owned Boa Group. The charter agreement holds options for up to three years extensions for BMSI.

“GC Rieber Shipping has had a strong and good relationship with Boa Marine Services Inc. under the current contract. We look forward to extending and further build our cooperation with Boa Marine Services Inc. in the years to come,” says CEO Irene W. Basili in GC Rieber Shipping.

Press Release, September 11, 2014