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Home›Fossil Energy›Viking Supply Ships to buy newbuild PSV duo
Fossil Energy

October 25, 2019 · about 6 years ago

Viking Supply Ships to buy newbuild PSV duo

Swedish offshore vessel owner Viking Supply Ships has entered into a contract to purchase two vessels currently under construction.

2 minutes read
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Swedish offshore vessel owner Viking Supply Ships has entered into a contract to purchase two vessels currently under construction.

Viking Supply Ships said on Friday that the contract for the acquisition was made in partnership with funds managed by Borealis Maritime.

According to the company, in addition to the partial ownership, Viking was awarded full operational and commercial management of the vessels by Borealis.

The two new vessels are high-end platform supply vessels (PSV) of Wartsila VS 4411 DF Design and will be completed by Remontowa Shipbuilding in Gdansk, Poland.

The vessels are set to be delivered from the shipyard in the fourth quarter of 2020 and the first quarter of 2021, respectively.

The vessels are environmentally friendly with duel fuel capabilities meaning they can run on LNG or MGO and will also come fully equipped with a battery pack solution which will further reduce consumption and emissions.

“The vessels are considered to complement the existing fleet and will further enhance the group’s harsh environment capabilities towards its clients,” Viking stated.

Viking also said that the transaction-specific details were confidential, but represented a significant discount compared to original contract price and estimated newbuild prices for similar assets.

The vessels are 89,2 meters long and 19 meters wide, have an Ice–1C classification and have a deck area of 980 square meters.

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