Polar Onyx back on contract

OE Staff
Tuesday, November 10, 2015

GC Rieber has found a new contract for the Polar Onyx after it took back the vesesl from failed business Ceona and agreed to take ownership of the VLS tower on the vessel from administrators.

GC Rieber Shipping had terminated the charter contract for the vessel with Ceona in September due to charterers' default.

Since then, GC Reiber has agreed a time charter agreement with Marine Platforms for the Polar Onyx for 60 days, starting January 2016, with options to extend for up to two months.

The vessel was formally christened at the Ulstein yard in Ulsteinvik, Norway on 28 February 2014. From there it sailed to Huisman’s yard in Schiedam, The Netherlands, for final outfitting.

It then started a five-year charter with Ceona for pipelay work at Petrobras’ Espirito Santo basin in southeast Brazil, with options for up to five more years. The PLSV is based on ULSTEIN’s SX121 design, for operations in the deepwater SURF/construction/IRM markets, with high capacity for flexible pipe loads.

Read more

Ceona files for administration

A look at the Polar Onyx 


Related Stories

France Lowers Renewable Goals, Backs Nuclear in New Law

Martens en Van Oord Purchases Autonomous Survey Vessel From Demcon unmanned systems

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Current News

AF Offshore Secures North Sea Decom Job

Island Offshore’s Hybrid OECV Hits Water at Vard Yard in Romania (Video)

Jumbo Offshore Wraps Up Errea Wittu FPSO Mooring Pre-Lay in Guyana

Petronas Takes Operatorship of Oman’s Offshore Block 18

Subscribe for OE Digital E‑News