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GC Rieber Shipping ASA (RISH.OL)

RISH.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

GC Rieber Shipping: Irene Waage Basili resigns as CEO
Monday, 20 Mar 2017 03:30am EDT 

GC Rieber Shipping ASA : Irene Waage Basili resigns the position as CEO of GC Rieber Shipping to take the position as permanent CEO of Shearwater GeoServices . Irene Waage Basili has accepted the offer and will thus resign the position as CEO of GC Rieber Shipping on April 1, 2017 .Einar Ytredal will continue to serve the role as acting CEO while Øystein Kvåle will remain acting CFO.  Full Article

GC Rieber Shipping: Shearwater Geoservices contract extended
Monday, 13 Mar 2017 04:27am EDT 

Gc Rieber Shipping ASA :Gc Rieber Shipping's 50% owned geoservices company Shearwater Geoservices has been awarded an extension to an ongoing contract in APAC region.  Full Article

GC Rieber Shipping enters four month charter for Polar Onyx
Monday, 6 Mar 2017 02:17am EST 

GC Rieber Shipping ASA : Four month charter for Polar Onyx . Has entered into four month time charter agreement for SURF vessel Polar Onyx . Charter will commence shortly and will see vessel continue operating in West Africa .There are in excess of two month options that could follow firm period.  Full Article

GC Rieber Shipping Q4 EBITDA loss widens to NOK 11.7 mln
Monday, 27 Feb 2017 02:00am EST 

GC Rieber Shipping ASA : Operating income for continuing operation of 34.5 million Norwegian crowns ($4.1 million) in Q4 2016, compared to 35.4 million crowns in Q4 2015 . Q4 EBITDA loss 11.7 million crowns versus loss 5.5 million crowns year ago .Says enters into 2017 with relatively good backlog for ICE/support segment and has secured contracts for two out of three subsea vessels.  Full Article

GC Rieber Shipping: Shearwater GeoServices signs agreements with TGS for two surveys
Thursday, 19 Jan 2017 09:38am EST 

Gc Rieber Shipping Asa : GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has entered into agreements with TGS for two seismic surveys, one firm and one optional . The surveys that are scheduled to commence between March and May 2017 total approximately 15,000 sqkm and will be performed by two of Shearwater's high end 3D vessels .The optional scope equals to 4 additional vessel months.  Full Article

GC Rieber Shipping and Rasmussengruppen establish jointly owned geophysical company
Thursday, 13 Oct 2016 01:45am EDT 

GC Rieber Shipping ASA : Signed an agreement with Rasmussengruppen as to establish Shearwater Geoservices AS . GC Rieber Shipping and Rasmussengruppen will own company 50/50. .Closing of transaction is expected to be in place during Q4 of 2016..  Full Article

GC Rieber Shipping Q2 EBITDA swings to loss NOK 22.5 mln
Wednesday, 31 Aug 2016 02:00am EDT 

GC Rieber Shipping ASA : Operating income of 49.4 million Norwegian crowns ($5.93 million) in Q2 2016, compared to 240.8 million crowns in Q2 2015 .EBITDA was negative by 22.5 million crowns in Q2, compared to positive 141.7 million crowns in corresponding period 2015.  Full Article

GC Rieber Shipping secures job for Polar Empress
Monday, 29 Aug 2016 06:31am EDT 

GC Rieber Shipping ASA : Secures two-month job for 22 streamer ice classed vessel Polar Empress . Says has entered into time charter agreement for seismic acquisition and seismic QC services with Sovcomflot subsidiary OOO SCF Geo .Operation in the Kara Sea will commence promptly.  Full Article

GC Rieber Shipping enters into 7 months charter for CSV Polar Queen
Tuesday, 12 Jul 2016 02:00am EDT 

GC Rieber Shipping ASA : Entered into time charter agreement with Senvion GmbH for Construction Support Vessel Polar Queen for fixed period of 7 months with options to extend by up to 3 months .Charter will commence in spring 2017..  Full Article

GC Rieber Shipping enters into charter with Technip Angola
Thursday, 7 Jul 2016 02:00am EDT 

GC Rieber Shipping ASA : GC Rieber Shipping enters into charter with Technip Angola for the subsea vessel Polar Onyx .Vessel will conduct surf and construction duties in Angola.  Full Article

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