ShippingWatch

All of Viking Supply's vessels left without term contracts

A restructuring deal has been negotiated but not yet executed and meanwhile, no vessel at Viking Supply has a term contract. This is the current state of Viking Supply Ships, which emerged from the third quarter with a smaller deficit than last year.

Photo: Viking Supply Ships

The high sea is a focal point for Viking Supply Ships.

Less so for the carrier's ships, which are otherwise built to operate in those parts of the world's oceans with the toughest conditions. During the recent third quarter, the last three ships in the fleet with fixed contracts were relegated to the spot market. Thus, the whole fleet of PSVs have been laid up, while all AHTSs, except Odin Viking, are in the spot market. 

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Reefer rates to peak in fall season, followed by slow decline

Rates on refrigerated containers, or reefers, have increased by 50% in the second quarter compared to the same period in 2021, with growth set to continue in the third quarter. 2023, however, will see rates slowly declining, forecasts consultancy Drewry.

Further reading

Related articles

Latest news

See all jobs