‘Tor Viking’ charter contract cancelled

  • Business & Finance

Sweden’s Viking Supply Ships A/S (VSS) announces that the charter agreement for “Tor Viking” has been cancelled.

'Tor Viking' charter contract cancelled for 2014The charter agreement was for the 2014 and 2015 seasons in sub-Arctic waters with options for 2016 and 2017.  The duration of each season is approximately 7 months including mobilization and demobilization with commencement around May 1st each year.

The drilling season 2014 has now been cancelled by the charterer, and according to the contract, VSS will be paid a cancellation fee.

The contract for the Anchor handling tug supply vessel is still valid for the remainder of its periods.

[mappress]

Press Release, April 04, 2014; Image: dec.alaska.gov

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