Viking Supply Ships idles even more vessels

Depressed offshore carrier Viking Ship Supply is now feeling the effect of the continued extremely weak market, and the carrier thus pulls even more ships from the market. The decision will contribute positively to the result for the second quarter, notes the company.

Photo: Viking Supply Ships

Viking Supply Ships is struggling with the all-time low activity in the offshore market, where the rock-bottom oil price has made customers, namely oil and gas companies, drastically downscale their investments.

The fleet of active offshore vessels has steadily declined in the past many months and the Danish/Swedish carrier is now adding two supply ships (PSV) to the growing pile of idled ships, the company writes in a statement.

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