GC Rieber Shipping: New Charter Agreement for the Polar Queen
Thursday 4 October 2018
GC Rieber Shipping has entered into a time charter agreement with a Tier 1 client for the offshore construction vessel Polar Queen. The charter holds two firm periods, one period of 45 days plus options with commencement of operations shortly, and one period of 50 days with commencement in February 2019. The vessel will be used to perform walk-to-work duties and accommodation services.
This charter further strengthens GC Rieber Shipping's backlog, securing a contract coverage of 92% for the fourth quarter of 2018.