Nexans Extends Charter with GC Rieber

Norwegian offshore vessels provider, GC Rieber Shipping, has secured a charter extension with Nexans Skagerrak, a subsidiary of subsea cables specialist Nexans Norway, for the CSV Polar King.

The first time charter agreement announced in March this year, was set for a fixed period of about 8.5 months, plus option for extension, scheduled to start in January 2017.

According to GC Rieber’s Oslo Stock Exchange notice, Nexans has now exercised a 13-months option of extension, effective from September 2017.

This extension should secure vessel utilization through September 2018, with options for further extension at a later stage, the company said.

As previously informed, the vessel will carry out survey, trenching and cable laying works in Norway, the North Sea, the Mediterranean and Canada.

The Polar King joined GC Rieber’s fleet in March 2011 following its construction at Freire Shipyard in Spain.

Subsea World News Staff

Share this article

Follow Subsea World News

Events>

<< Nov 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Underwater Intervention 2018

UI 2018 will draw the industry’s leaders from across the country and around the globe to gather for 3 days of networking…

read more >

OFFSHORE DECOMMISSIONING CONFERENCE 2017

The conference will build upon previous sell-out events and will encompass numerous keynote sessions all focused on the latest decommissioning…

read more >

Subsea Connect Americas

Subsea Connect Americas is the annual gathering for the submarine communications industry operating in North, South & Central America…

read more >

Future Energy Asia Exhibition & Conference (FEA) 2018

The transformation and development of Thailand is a major priority for the government which creates incredible business opportunities…

read more >