Eidesvik Takes Delivery of Viking Poseidon Subsea Construction Vessel

Eidesvik Offshore has, through its associate Eidesvik OCV KS, taken delivery of the vessel M/V Viking Poseidon from Ulstein Verft.

The vessel is a large Subsea Construction vessel, type SX SX121 with the innovative ULSTEIN X-BOW design. It has an overall length of 130 m, breadth of 25 m and a large cargo deck area of 1700m2. Up to 105 persons can be accommodated and the vessel is equipped with two moonpools, a 250 tons active heave compensated offshore crane, ROV-hangar, diesel-electric machinery and helicopter deck.

A long-term facility of NOK 608 million has been drawn with Eksportfinans ASA to finance the vessel. The loan is guaranteed by GIEK and Sparebank 1 SR-bank.

The vessel will commence an 8 year contract with Veolia ES Special Services Inc when the sea trials of the offshore crane are completed. The contract has a value for the firm period of more than a Billion NOK.

Eidesvik Offshore ASA has through its associate Eidesvik Shipping AS purchased Eidesvik Invest AS' share of 5% of Eidesvik OCV KS. Eidesvik Offshore ASA has a 100% share of Eidesvik OCV KS after this Purchase.



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