GC Rieber Shipping offloads CSV

Oslo: GC Rieber Shipping has said that it has entered into an agreement to sell construction support vessel Polar Prince (4,500 dwt, built 1999).

The vessel was designed in-house and built at Flekkefjord Verft. It came off a time charter contract with Reef Subsea at the end of 2014, and has been without employment since.

GC Rieber Shipping said that the vessel will be delivered to the new undisclosed owner early June, and provide the company with an accounting gain of around NOK10m ($1.27m).


Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
Back to top button