GC Rieber Shipping
 | |
| Public | |
| Industry | Shipping |
| Founded | 1981 |
| Headquarters | Bergen, Norway |
Area served | Global |
| Revenue | NOK 392 million (2007) |
| NOK 169 million (2007) | |
| Profit | NOK 39 million (2007) |
| Website | www.rieber-shipping.no |
GC Rieber Shipping (OSE: RISH) is a Norwegian shipping company that operates offshore subsea support vessels, marine seismic vessels and polar logistics and research expeditions. Based in Bergen, Norway it is listed on the Oslo Stock Exchange. A major owner is GC Rieber.
History
The company dates back to the establishment of G.C. Rieber & Co. AS in 1879. The company started with shipping in the 1930s and soon entered both the polar exporation field and in 1965 the seismic shipping field in the North Sea. Through the 1970s the company specialized in Arctic and Antarctic research expeditions and in 1981 the division was established as a separate company, Rieber Shipping A/S. The company has since established an in-house design department for the specialized vessels.
Business
The company operates in three related markets, Subsea, Ice/Support and Marine Seismic.[1] GC Rieber Shipping has a 65% stake in Armada Seismic, a 50% stake in the subsea services company Reef Subsea and a 73% stake in environmental monitoring company Octio.[2]
Fleet
The company owns and operates high specification vessels.
- Subsea[3]
- Polar Prince - a DP2 subsea support vessel chartered to Reef Subsea until December 2014
- Polar King - on charter to Reef Subsea until May 2014
- Polar Queen - chartered to BOA Marine Services
- Ice / Support[4]
- Polar Pevek - icebreaker/support vessel on charter to Exxon Neftegas until 2021, operating in the Sakhalin field
- Polar Piltun - crew boat on charter to SEIC in the Sakhalin field until 2013
- Polar Baikal - crew boat on charter to SEIC in the Sakhalin field until 2013
- RRS Ernest Shackleton - icebreaker on long-term lease to the British Antarctic Survey
- Marine Seismic[5]
- Geo Atlantic - seismic vessel on long-term charter to Dolphin Geophysical
- Polar Duke (2011) - high capacity seismic vessel, on charter to Dolphin Geophysical until May 2016[6]
- Polar Duchess (2012) - high capacity seismic vessel, on charter to Dolphin Geophysical until April 2017[7]
GC Rieber Shipping are in the process of modernising the fleet.[1] A new high-end 3D seismic vessel is expected for delivery in 2015.[5]
They also operate offshore vessels for other owners.
Footnotes
- ↑ 1.0 1.1 "Fourth Quarter 2010 Presentation" (webcast). GC Rieber Shipping ASA. Retrieved 27 February 2011.
- ↑ "About GC Rieber Shipping". GC Rieber Shipping ASA. Retrieved 27 February 2011.
- ↑ "Subsea". GC Rieber Shipping ASA. Retrieved 28 September 2013.
- ↑ "Ice / Support". GC Rieber Shipping ASA. Retrieved 28 September 2013.
- ↑ 5.0 5.1 "Marine Seismic". GC Rieber Shipping ASA. Retrieved 28 September 2013.
- ↑ "Polar Duke" (PDF). Dolphin Geophysical. Retrieved 28 September 2013.
- ↑ "Polar Duchess" (PDF). Dolphin Geophysical. Retrieved 28 September 2013.