GC Rieber Shipping takes over ‘Polar Onyx’. Sends it to Nigeria

  • Business & Finance

GC Rieber Shipping, a Norwegian provider of offshore vessels, has taken over the Polar Onyx offshore construction vessel from Ceona.

The takeover comes as a part of Ceona being put into administration and GC Rieber Shipping seeking coverage for its claims.

GC Rieber Shipping has settled with Administrators to resolve the claim by taking ownership of the vessel as well as the VLS tower and associated parts installed on the vessel, the company said on Tuesday.

Also, GC Rieber Shipping will be paid approximately $16.3 million from the established cash deposit.

Charter to MPL

In a separate statement issued Tuesday GC Rieber said it entered into a charter agreement with Marine Platforms Limited (MPL) for the “Polar Onyx” for a fixed period of 60 days.

The charter will start in January 2016 and contains options for up to 2 months additional work. The vessel will conduct flex-laying activities for Chevron offshore Nigeria.

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