Siem Offshore Sets Up Base for Its Offshore Vessles in Norway

Siem Offshore is in the process of transferring the ownership of the company's fleet to Norway and will concentrate the day-to-day operation of the fleet in Kristiansand.

Siem Offshore is in the process of transferring the ownership of the company's fleet to Norway and will concentrate the day-to-day operation of the fleet in Kristiansand.

Norway will be the base for the international operation of offshore vessels. We are building on our foundation of Norwegian maritime expertise and experience, with a core of Norwegian employees onshore and offshore. The company will continue to strive for an open organization for the international operations with equal opportunities for all employees. Crew will, as far as practical, be employed locally in the countries in where the vessels operate.

25 vessels will now be transferred to Norway into the Norwegian shipping taxation scheme. The fleet represents a tonnage of above 100,000 tons. The company has a modern fleet of platform supply vessels, large anchor handling tug supply vessels, and other support vessels.

"We consider the Norwegian rules and conditions to be competitive, and have decided to move the ownership of the vessels to Norway. We trust that both the operation and ownership in Norway will give the company long term predictability and competitiveness," said Kristian Siem, Chairman. We feel a strong connection to the Norwegian maritime environment, and wish to strengthen the connection to Norway and Kristiansand, added Siem.


 

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