Norway: Eidesvik Charters Viking Prince PSV to Lundin

Business & Finance

Norway: Eidesvik Charters Viking Prince PSV to Lundin

Eidesvik has entered into an agreement with Lundin Norway for chartering of the LNG powered supply vessel Viking Prince, which will be delivered from Kleven Verft 30th of March 2012.

Viking Prince will replace Viking Athene in the existing contract between the two parties from the time of delivery, which means that Viking Athene will be released from duty from the same date.

The original contract was firm for 4 drilling wells, with charterer’s option for another 6 wells. At the time Viking Prince commences the contract, Lundin is near the completion of the 2nd well.

“We are excited over the fact that the vessel will commence a contract from the time of delivery. It is delightful to see another operator on the shelf start using LNG powered supply vessels. For us it is satisfactory to be in the position to offer a vessel of the highest quality to a fast developing operator with an exciting future,” says CEO Jan Fredrik Meling in a comment.

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Source: Eidesvik, March 23, 2012