Viking Supply Ships Entered into a Contract for Brage Viking
Source: www.gulfoilandgas.com 3/27/2015, Location: Europe
Viking Supply Ships has entered into a contract with an Oil major for the charter of “Brage Viking” commencing 1st of April 2015. The duration is for 2 years and 8 months firm, plus options to extend the contract with a total of 18 months. The contract necessitates certain investments in the region of USD 5-7 million, we expect around 4 week’s off hire for the yard stay.
The contract value including options is around USD 100 million.
The contract reflects the area of operation, the ice-classed ship and the competencies of the Viking team regarding operations in ice.
