VIKING,Topaz Reveal Long-Term Co-Op Plan

VIKING Life-Saving Equipment and Topaz Energy and Marine have jointly announced the signing of a multi-million US dollar, 10-year combined fixed price and exchange service agreement for liferafts.

Under the terms of the contract, VIKING will upgrade all of Topaz’s current liferafts and manage the ongoing servicing and certification of Topaz’s liferaft fleet.

“This agreement significantly enhances our ability to operate safely, which is a top priority for Topaz and for our clients,” said Topaz CEO, René Kofod-Olsen.

“Topaz doesn’t do things halfway,” said Henrik Uhd Christensen, VIKING’s CEO. “Their commitment to safety manifests itself in a systematic, well-planned approach to protecting their employees.

With the new agreement they have managed two things at once: lifting overall safety to a new level; and introducing predictable cost-efficiencies.”

Henrik Uhd Christensen sees the new agreement as a good example of what can be accomplished when shipowners realize the advantages of putting safety equipment provision and management in the hands of his company.

“This is a text-book example of the value VIKING has spent the last two years bringing to the offshore industry, combining top-quality safety equipment with flexible servicing concepts at predictable costs.

We’re very proud to be working with an insightful company like Topaz that shares our commitment to maritime safety and operating efficiency,” said Christenen.

[mappress]
June 2, 2014