Viking Supply Ships A/S has signed new charter contract

Viking Supply Ships A/S (VSS) has entered into a time charter contract for one of its AHTS icebreaker vessels (Tor Viking or Balder Viking) with a major oil company, the company reports. The charter agreement applies to the 2014 and 2015 seasons in sub-Arctic waters with options for 2016 and 2017. The duration of each season will be approximately 7 months including mobilization and demobilization with commencement around May 1st each year.

The charter is for specialized ice management services in sub-Arctic operations. The total contract value for the firm period is approximately MUSD 36,5.