Date: 27 May 2016

GC Rieber Shipping enters into charter with James Fisher Marine Services


GC Rieber Shipping ASA has secured a cable lay charter with marine solutions and specialist engineering service provider James Fisher Marine Services for the SURF vessel Polar Onyx for services in British Sector.

The charter commences prompt and with options may last in excess of one month.

The charter comes in almost direct continuation from the Nigerian campaign the vessel performed in Q1 and parts of Q2, confirming the Polar Onyx versatility and attractiveness in the market.

"We're pleased to see continued utilization for Polar Onyx in today's market and look forward to working with James Fisher for this opportunity," said CEO Irene Basili in a comment.

For further information, please contact:

CEO Irene Waage Basili, tel.: +47 55 60 68 67, or +47 900 98 688

About GC Rieber Shipping: 

GC Rieber Shipping's business within offshore/shipping includes ownership in specialized vessels, high quality marine ship management and project development within the segments subsea, ice/support and marine seismic. The group has a specialized competence in offshore operations in harsh environments as well as design, development and maritime operation of offshore vessels.

GC Rieber Shipping currently operates 13 advanced special purpose vessels for defined markets within the subsea, ice/support and marine seismic segments, of which the company owns 11.

The company has its headquarter and a ship management office in Bergen, and an additional ship management company in Yuzhno-Sakhalinsk (Russia). The company is listed on Oslo Børs with ticker RISH.

Further information is available on the company's website www.gcrieber-shipping.com.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)