Apparently tempted by a bargain deal, Sweden’s Viking Supply Ships AB has partnered with funds managed by Borealis Maritime to purchase two under-construction platform supply vessels. In addition to taking partial ownership in the pair, Viking has been awarded full operational and commercial management of the vessels by Borealis Maritime, which describes itself as “providing a comprehensive range of integrated services associated with the management of maritime assets, both for private and institutional investors.”
The two new vessels are high-end PSVs of Wärtsilä VS 4411 DF design and will be completed by Remontowa Shipbuilding S.A. in Gdansk, Poland. The vessels are set to deliver from the shipyard in fourth quarter 2020 and first quarter 2021 respectively.
The vessels are environmentally friendly with dual fuel capabilities and can run on LNG or MGO. They will also come fully equipped with a battery pack solution which will further reduce consumption and emissions. The vessels are considered to complement Viking Supply’s existing fleet and to further enhance its harsh environment capabilities towards its clients.
Transaction specific details are confidential, but Viking Supply says the deal “represents a significant discount compared to original contract price and estimated new-build prices for similar assets.”
Main particulars of the vessels:
- Design: VS4411DF
- LOA 89.2 m
- Beam 19 m
- 10,800 BHP
- DP II
- Deck Area 980 sq.m
- Stand by
- Oil Rec