GC Rieber disposes of Polar Queen February 22, 2021, by Adis Ajdin
Norwegian offshore vessel owner GC Rieber has entered into an agreement to sell the IMR / Walk-to-Work vessel Polar Queen.
According to GC Rieber, the sale to the undisclosed buyer will see the vessel, built at Freire Shipyard in 2011, leave the offshore industry.
The gangway onboard the vessel is not part of the deal and will remain an asset for GC Rieber’s vessels.
The sale should wrap up in March 2021 and result in a positive liquidity effect of approximately NOK 22 million. Related Article
Einar Ytredal, CEO of GC Rieber Shipping, said:
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