Sunday, December 16, 2018

GC Rieber Signs Charter Agreement for Polar Queen

October 5, 2018

Polar Queen. Image - GC Rieber Shipping
Polar Queen. Image - GC Rieber Shipping

Norway's GC Rieber Shipping has entered a time charter agreement with an unnamed customer for its offshore construction vessel Polar Queen.

The  offshore operator said in a press release: "GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV vessel Polar Queen 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 commencement will be in May 2018.

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

GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic.  It currently operates and has direct and indirect ownership in 11 advanced special purpose vessels.


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