Kistefos

Supply Ship Business

Viking Supply Rederi AS, which is a fully owned subsidiary of Viking Supply Ships AS, is involved on a 50-50 basis in a joint venture in Trans Viking Offshore & Icebreaking AS.
The other owner is the publicly listed Swedish ship-owner Rederi AB Transatlantic. VSS also operates the anchor handling ship Odin Viking, which operates in the North Sea spot market.

In 1998, Trans Viking singed a 15-year contract starting in 2000 with the Swedish Maritime Authority (SMA), with the option to extend the charter for an additional 3 times 5 years. To serve the contract three specialised vessels (Tor Viking, Balder Viking and Vidar Viking) were ordered from Leirvik Yard in Norway, and the vessels were delivered during 2000 and 2001. The vessels are Anchor Handling, Tug and Supply (18 300 bhp) with icebreaking capabilities. The contract period covers the first quarter every year, during which time the ships will break ice in the Baltic Sea as and when required. When not called upon, the ships trade in the offshore market in the North Sea. During the remaining part of the year, the ships are offered for charter in the spot market, primarily in the North Sea area. The ships are chartered by VSS, while Transatlantic is responsible for all other management functions.