GC Rieber Shipping ASA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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GC Rieber Shipping ASA Signs Agreement with Dolphin Group ASA
Dolphin Group ASA announced that it has entered into two new heads of agreements with GC Rieber Shipping ASA for two high-end 3D seismic vessels. The first vessel, Geo Atlantic, is an existing 3D seismic vessel built in 2002 which will be upgraded by the owner to a 14 streamer seismic vessel at a yard in Singapore. The vessel is expected to be delivered to Dolphin in the fourth quarter of 2013. The agreement has a fixed contract term of three years and six months, with additional options for two plus two years extensions. The second vessel, newbuild, is a top-end 22-streamer 3D seismic newbuild vessel with highest ice-class, to be constructed at Kleven yard in Norway and expected delivery to Dolphin in March 2015. The agreement has a fixed contract term of five years, with additional options for two times three years extensions.
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