Stock Exchange Notice
Date: 08 July 2019
GC Rieber Shipping: 5-month charter for Polar Queen
GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV vessel Polar Queen for a period of about 5 months with options to extend by up to one month. The project is the same as Polar Queen was engaged on during the summer of 2018 and 2019. The vessel will be used in British sector to perform accommodation services and walk-to-work duties, and commencement will be in April 2020.
"We are pleased with securing backlog in a continuous challenging market. Polar Queen has proven her success in the walk-to-work market, and we are proud to see that the vessel and her capabilities are recognized by our clients", says Einar Ytredal, CEO of GC Rieber Shipping.
For further information, please contact:
Einar Ytredal, CEO, phone: +47 975 20 184
Christoffer Knudsen, CCO, phone: +47 926 18 226
About GC Rieber Shipping:
GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic. The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels. GC Rieber Shipping currently operates 11 and has direct and indirect ownership in 22 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments. The company has its headquarter and a ship management office in Bergen, and an additional 50% ship management company in Yuzhno-Sakhalinsk (Russia). The Company is listed on Oslo Børs with ticker RISH.
Further information is available on the company's website www.gcrieber-shipping.com.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.