Norway’s GC Rieber Shipping has sealed a three-year time charter agreement with Deepocean for construction support vessel Polar Onyx.
The vessel has already mobilised for the contract, which includes options to extend by up to two years. It will be supporting Deepocean’s contract with Tullow Oil offshore Ghana.
Christian Berg, CEO of GC Rieber Shipping, commented: “We are very pleased to have secured a long-term charter agreement with Deepocean where we maintain a position to benefit from improving market conditions. The Polar Onyx proves yet again its market attractiveness being selected for the first long term subsea charter in a while. We look forward to servicing Tullow Oil in close cooperation with our client Deepocean.”
Polar Onyx was built in 2014 and went straight on a five-year charter to Ceona, to be used for advanced deep-water operations with Petronas in Brazil. GC Rieber Shipping terminated the contract due to default in September 2015 and two weeks later Ceona went into administration.