Polar King

Nexans extends the charter for Polar King

Reference is made to stock exchange notice 31 March 2016 and 15 September 2016 concerning the contract with Nexans Skagerrak AS (Nexans) for the construction support vessel Polar King. The 21 months charter commenced in January 2017, and the previously agreed firm period was set to end in September 2018.

GC Rieber Shipping and Nexans have agreed to extend the firm period of the charter with 11 months, meaning the vessel will be employed through August 2019. The vessel will continue to support the world wide operations of Nexans.

 "We are pleased to see that the vessel, crew and our organizational capabilities are recognized by Nexans in a competitive market. We look forward to continuing the good cooperation with them", says CEO Christian Berg. 

For further information, please contact:
Christian Berg, CEO, phone: +47 974 05 553
Christoffer Knudsen, Director of Chartering, phone: +47 926 18 226