Viking Supply Ships and Borealis Maritime team up to buy newbuild PSV pair

Sweden’s Viking Supply Ships, in partnership with funds managed by Borealis Maritime, have entered into a contract to acquire two platform supply vessels currently under construction at Remontowa Shipbuilding in Gdansk.

Viking Supply Ships has been awarded full operational and commercial management of the Wartsila VS 4411 DF design vessels, which are set to deliver in the fourth quarter of 2020 and first quarter of 2021.

The vessels have duel fuel capabilities to run on LNG or MGO and will also come equipped with a battery pack solution to further reduce consumption and emissions.

Viking Supply Ships said the new vessels were acquired at a significant discount compared to the original contract price and estimated newbuild prices for similar assets.

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