GC Rieber Shipping has announced that it has entered into a time charter agreement with Nexans, a Norwegian manufacturer of offshore control cables and high-voltage, for the CSV Polar King for a fixed period of around 8.5 months.
The charter will commence in January 2017 and contains options for up to 16 months additional work. The vessel will conduct survey, trenching and cable laying activities in the North Sea and the Mediterranean.
“This is an interesting contract for us with a new customer in a non-oil related segment characterized by high activity and a strong project pipeline. Nexans is a solid international player with a strong presence in Norway, and we look forward to cooperating with them”, said Irene Waage Basili, ceo of GC Rieber Shipping.