Viking Supply Ships cancels deal in Russia

General – Russia

Swedish offshore vessel operator Viking Supply Ships announced that a previous contract in Russia for four of its anchor handling tug supply (AHTS) vessels has now been cancelled.

Viking Supply Ships had early on February 8 said it had secured a multi-season contract worth 18.5 million euros for its four ice-classed anchor handling tug supply (AHTS) vessels, but it at the time didn’t share details on the client or the project location.

Following Russia’s invasion of Ukraine, Viking Supply Ships on February 25 acknowledged that the contract in question was for work in Russian waters for a Russian client and that the contract would most likely be cancelled or postponed.

Viking had previously said that the four ice-class vessels had been expected to assist in a major industrial project in a harsh environment region in the summer of 2022 and 2023, with an option to extend operation for 2024.

Viking is not pursuing any further business opportunities in Russia.

Original Source: https://ocean-energyresources.com/2022/05/15/viking-supply-ships-cancels-deal-in-russia/