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GC Rieber Shipping secures subsea time charter contract from Nexans

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.

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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