Viking Supply Ships and Sakhalin Energy start cooperation
Company News - May 3, 2012
In November 2011, Rederi AB TransAtlantic announced that its business area Viking Supply Ships had agreed to enter into a contract with Sakhalin Energy Investment Company Ltd for a period of 2.5 years with additional option(s) to extend the contract by 4 x 3 months for the vessel Vidar Viking.
The agreement with Sakhalin Energy was conditional on approval from the relevant financing banks as well as approval from the Board of Directors if Rederi TransAtlantic.
These approvals have now been received.
Vidar Viking will perform icebreaking, supply and anchor handling services with start-up in the summer of 2012. The total gross value of the contract is approximately US$70 million.
"This contract is an important step for our company," said Christian W Berg, CEO at Viking Supply Ships. "There is a great potential demand for ice-strengthened OSVs and icebreaking vessels in the Russian regions, which coincides well with our fleet and business strategy."
More articles from this category
More news
- Oceanteam reports on first quarter
News - May 24, 2013 - Deep Sea Supply reports "solid operational performance"
Company News - May 24, 2013 - DNV launches new training scheme for DPOs
Training - May 24, 2013 - GAC pushes further into the Arctic with Polar Logistics Group
Company News - May 24, 2013 - IKM Consultants acquires Poseidon Consulting Services
Company News - May 24, 2013 - Oil & Gas UK welcomes European Directive
News - May 24, 2013 - BOURBON expands services in the Caribbean
Company News - May 23, 2013 - Tidewater reports fourth quarter results and year end earnings
Company News - May 23, 2013 - West Africa: broker anticipates new round of charters in July
News - May 23, 2013 - UK: pier extended to service renewables and offshore oil and gas industries
Projects and Operations - May 23, 2013 - Farstad sells PSV
Vessel & ROV News - May 23, 2013 - Polarcus contemplating bond issue
Company News - May 22, 2013 - Nam Cheong Limited appoints group CEO
Company News - May 22, 2013 - UK: Lerwick Harbour positioned for further growth
News - May 22, 2013 - Trials demonstrate effectiveness of fibre rope connector for deepwater mooring
News - May 22, 2013
