Viking Lays up 3 PSVs

Maritime Activity Reports, Inc.

September 24, 2015

A preferred partner within the harsh environment offshore market

A preferred partner within the harsh environment offshore market


Due to a continued weak PSV market, Viking Supply Ships A/S has decided to lay up the PSV vessels Idun Viking, Frigg Viking and Nanna Viking.

The vessels’ crew is provided by an external ship manager and the decision will consequently not have any impact for crew employed in Viking Supply Ships A/S. Viking Supply Ships A/S will support the ship manager in finding alternative vessels for the crew members on the three vessels.

The decision will reduce the company’s operational costs going forward and will give a positive impact on the results from fourth quarter 2015, with full effect expected from first quarter 2016.

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