GC Rieber’s subsea vessels sold out for summer season

Norwegian shipping company GC Rieber Shipping is sold out for the summer season of 2018, following the latest charter deal for the CSV vessel Polar Queen. 

GC Rieber said on Friday it has entered into a time charter agreement with a European offshore client for the CSV vessel Polar Queen. The agreement is for a fixed period of four months with options to extend by up to one month.

With this charter, all GC Rieber Shipping subsea vessels have secured contracts for the summer season 2018. The Polar Queen will be used in British sector to perform walk-to-work duties and the beginning will be in May 2018.

GC Rieber Shipping CEO, Christian W. Berg, said: “We are pleased to see Polar Queen build on her success in the walk-to-work market and secure a new substantial charter with Tier 1 clients.

“With this charter, GC Rieber Shipping is sold out for the summer of 2018. Both Polar King and Polar Onyx are now on solid long terms charters, and the agreement for Polar Queen proves the robustness of our crew and organizational capabilities.”

The Polar Queen was built at Freire Shipyard in Spain, and was delivered in October 2011.

It is a multipurpose subsea vessel, and the sister vessel to Polar King. The vessel is specially designed for operation under severe weather conditions. It can provide services including offshore construction (CSV), inspection, maintenance and repair (IMR) operations as well as walk-to-work (W2W) projects.