Polar Onyx back on contract

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 

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