Viking Supply Ships AB (VSSAB.B)

Overview

Viking Supply Ships AB (publ) specializes in offering offshore and icebreaking services primarily to the oil industry, focusing on the Arctic and North Sea regions. The company operates across four main segments: Ice-Classed Anchor Handling Tug Supply (AHTS), Ice-Classed Platform Support Vessels (PSV), Ice Management and Services, and Ship Management. Originally established in 1946 and headquartered in Stenungsund, Sweden, Viking Supply Ships AB has evolved from its previous identity, Rederi AB TransAtlantic, after a name change in April 2015. It functions as a subsidiary of Viking Invest AS and holds a significant role in providing essential services for navigating and operating in challenging ice-prone maritime environments.

Products and Services

• Ice-Classed Anchor Handling Tug Supply (AHTS)

  This segment involves the operation of ice-breaking and ice-classified AHTS vessels. These ships are designed for challenging ice conditions and are essential for the offshore industry, aiding in the repositioning of rigs and anchors in icy waters.

• Ice-Classed Platform Support Vessels (PSV)

  Viking Supply Ships owns and operates Coey and Cooper Viking ice-classed PSV vessels that are deployed in the North Sea spot market. These vessels play a crucial role in supporting offshore platforms by transporting necessary supplies and equipment.

• Ice Management and Services

  This service covers consultancy for ice management and logistical operations in the Arctic regions. It's aimed at providing expertise and support for navigating through ice-covered waters, ensuring safe and efficient operations for oil exploration and production activities.

• Ship Management

  Viking Supply Ships also offers ship management services for the Swedish Maritime Administration's five icebreakers. This segment ensures the operational readiness and efficiency of these crucial assets for maintaining open sea routes during the winter months.