PSV Idun Viking. Photo: Supply Supply Ships
Sweden-based offshore shipowner Viking Supply Ships AB has announced plans to outsource the management of its six anchor handling tug supply (AHTS) tugs to the Sea1 Offshore.
In a statement, the Viking highlighted that this initiative is expected to result in substantial cost savings starting from the first quarter of 2025, benefiting all shareholders. Viking Supply Ships will maintain its renowned ice-competence and continue to have its shares listed on Nasdaq First North. The outsourcing process is slated for completion in October 2024, pending final documentation and necessary third-party consents.
Viking Supply Ships is a leading provider of offshore anchor handling and ice-breaking services, operating a fleet of high-end AHTS vessels capable of working in the world’s harshest environments.
Sea1 Offshore, formerly Siem Offshore, manages a fleet of 26 advanced offshore support vessels globally, including Anchor Handling Tug Supply Vessels, Platform Supply Vessels, Multipurpose Field & ROV Support Vessels, Offshore Subsea Construction Vessels, and a Well-Intervention Vessel.
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