Eni terminates Viking Supply Ships AHTS contract

Eni terminates Viking Supply Ships AHTS contract

Norway’s Viking Supply Ships has announced that it has received an early termination notice of the contract for the AHTS Njord Viking.

The vessel has been working for Eni Norge in the Barents Sea, with the original contract running through to the end of 2016 with two optional periods of 6 months. Viking Supply Ships said it is entitled to a termination fee of around $13,300 per day for the remainder of the firm period.

The company said the termination will cause a $3.3m loss of income and it will seek to offset the loss by marketing the vessel in the North Sea.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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