GC Rieber charters Greatship newbuilding.
THE 4,600 dwt platform supply vessel Greatship Maya has been bareboat chartered to GC Rieber Shipping Asia by India"s Greatship Global Offshore Services, following delivery from Singapore shipbuilder Keppel Singmarine.
The vessel will be deployed by GC Rieber and associate company Bluestone Offshore by March.
The delivery of the ship meant that GC Rieber Shipping will go-ahead and form a new 50:50 subsea service company with private equity outfit HitecVision, as part a restructuring of Bluestone Offshore. The successful delivery of the ship was the main condition to the joint venture company being created.
Under the restructuring, GC Rieber will invest NKr35m ($6m) into the new company as well as contribute its 40% stake in Bluestone Offshore and 58% interest in Technocean, while HitecVision will make a capital investment of NKr160m.
The multi-functional enhanced offshore support vessel has been equipped with a drilling unit, which is capable of operating at depths of up to 1,800 metres, and onboard geotechnical laboratory tests.
The 94 m long vessel has two 2,600 kw azimuth thrusters and three 1,050 kw tunnel thrusters that give the ship a dynamic positioning II capability. It is also equipped with a moon pool and has 1,000 sq m of clear deck space for the installation of drilling derrick, line tensioner winches, mud pumps and other equipment where geotechnical services can be performed.