Oslo: Sweden’s Viking Supply Ships has entered into a contract with an unspecified oil major for a $100m charter of its vessel, Brage Viking. The two-year, eight month charter starts on April 1. The deal comes with an extension to extend for a further 18 months.
The contract also necessitates certain investments in the region of $5m to $7m, which will mean around four weeks off hire for the Brage Viking during a trip to a yard.
“The contract reflects the area of operation, the ice-classed ship and the competencies of the Viking team regarding operations in ice,” the company said in a release.