Viking Supply Ships Scoops PSV Pair

Maritime Activity Reports, Inc.

October 25, 2019

(Image: Wärtsilä)

(Image: Wärtsilä)

Swedish-based Viking Supply Ships (VSS) in partnership with funds managed by Borealis Maritime, has entered into a contract to purchase two platform supply vessels (PSV) currently under construction. In addition to the partial ownership, VSS has been awarded full operational and commercial management of the vessels, the company said.

VSS did not reveal specific transaction details, but said the pair has been acquired at a significant discount compared to original contract price and estimated new-build prices for similar assets.

The two new 89.2-meter vessels are of Wärtsilä VS 4411 DF design and will be completed by Remontowa Shipbuilding S.A. in Gdansk, Poland, scheduled to be delivered in the fourth quarter of 2020 and first quarter of 2021 respectively.

The DP 2 vessels feature duel fuel capabilities, meaning they can run on liquefied natural gas (LNG) or marine gas oil (MGO) and will also come fully equipped with a battery pack solution which will further reduce consumption and emissions.

The vessels have Ice-class 1C and are tailor-made for the North Sea and other harsh environment regions. VSS said the vessels will be Norwegian-flagged and marketed toward the Norwegian continental shelf (NCS).

Maritime Reporter Magazine Cover Oct 2019 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News