Viking Supply Ships introduced Friday it has actually marketed 3 icebreaking AHTS Tor Viking, Balder Viking as well as Vidar Viking to the monarchy of Canada as the weak overseas market proceeded in the very first fifty percent of 2018.

Adding to its problems, Viking Supply Ships likewise exposed that it will certainly report a very first half-year bottom line of $40 million from a $ 12 million loss from the sale of 3 PSV’s, a make a note of of publication worths on the staying 2 PSV’s of $8 million as well as an operating loss of $20 million.

In enhancement, Viking anticipates to schedule a loss of about $18 million in connection with the organized sale of the AHTS Odin Viking, which is anticipated to be scheduled in 3rd or 4th quarter, although an agreement has actually not yet been participated in.

“The offshore supply market was very disappointing throughout the first half year, and the very weak market has caused both fixture rates and utilization to remain on unsatisfactory levels,” the business claimed in a declaration.

Following the sale of the 3 AHTS’ to Her Majesty the Queen in Right of Canada, Viking’s fleet will certainly contain 3 Ice -1 An and also one Ice -1 A Super classified AHTS, one routine AHTS (Odin Viking) as well as 2 PSVs. Viking notes, nonetheless, that Odin Viking as well as both PSVs are being proactively marketed up for sale.

“VSS will maintain its core competence operating in harsh environment, and through the contract with The Swedish Maritime Authority, VSS will also maintain its icebreaking competence,” the business claimed.