CAT-powered AHTS Brage Viking owned by Viking Supply Ships, powered by 4 MaK engines of over 19k horsepower. Image courtesy Caterpillar
Viking Supply Ships’ heavy duty ice-class AHTS Brage Viking has won a major charter contract today which will keep it employed for at least the next 2 years and 8 months with an undisclosed oil major. The charter contract, according to the vessel owner, is valued at around USD $100 million and includes options to extend the charter for an additional 18 months.
Christian Berg, CEO of Viking Supply Ships says in a phone call the vessel will have “technical upgrades” made to it prior to the commencement of the contract which will cost in the range of USD $5 to $7 million and require a 4 week yard period. He could not go into specific detail what those technical upgrades entailed however.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
Latest trade data show no dramatic changes in the flow of trade through the Strait of Hormuz and Bab el-Mandeb.
South Korean shipping companies SK Shipping Co. and H-Line Shipping Co. — both owned by private equity firm Hahn & Co. — will swap tankers and contracts to create one of the world’s largest operators of liquefied natural gas carriers.
The disruption in the Strait of Hormuz is proving both costly and profitable for container shipping, with Gemini Cooperation partners Maersk and Hapag-Lloyd reporting sharply higher operating costs alongside stronger...
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
