GC Rieber Shipping
Encyclopedia
GC Rieber Shipping is a Norwegian
shipping company that operates offshore subsea support vessels, marine seismic vessels and polar logistics and research expeditions. Based in Bergen
, Norway it is listed on the Oslo Stock Exchange
. A major owner is GC Rieber
.
. Through the 1970s the company specialized in Arctic and Antarctic research expeditions and in 1981 the division was established as a separate company, Rieber Shipping A/S. The company has since established an in-house design department for the specialized vessels.
Armada Seismic owns one high capacity seismic vessel and has another due for delivery early in 2012.
GC Rieber Shipping also operate nine offshore vessels for other owners.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
shipping company that operates offshore subsea support vessels, marine seismic vessels and polar logistics and research expeditions. Based in Bergen
Bergen
Bergen is the second largest city in Norway with a population of as of , . Bergen is the administrative centre of Hordaland county. Greater Bergen or Bergen Metropolitan Area as defined by Statistics Norway, has a population of as of , ....
, Norway it is listed on the Oslo Stock Exchange
Oslo Stock Exchange
The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...
. A major owner is GC Rieber
GC Rieber
GC Rieber is a private company that operates within the fields of marine oils, pelts, salt including for agriculture and nutrients. The company is based in Bergen, Norway. Operations are performed by the subsidiaries GC Rieber Skinn AS, GC Rieber Salt AS, Carino Company Limited, GC Rieber Eiendom...
.
History
The company dates back to the establishment of G.C. Rieber & Co. AS in 1879. The company started with shipping in the 1930s and soon entered both the polar exporation field and in 1965 the seismic shipping field in the North SeaNorth Sea
In the southwest, beyond the Straits of Dover, the North Sea becomes the English Channel connecting to the Atlantic Ocean. In the east, it connects to the Baltic Sea via the Skagerrak and Kattegat, narrow straits that separate Denmark from Norway and Sweden respectively...
. Through the 1970s the company specialized in Arctic and Antarctic research expeditions and in 1981 the division was established as a separate company, Rieber Shipping A/S. The company has since established an in-house design department for the specialized vessels.
Business
The company operates in three related markets, Subsea, Ice/Support and Marine Seismic. GC Rieber Shipping has a 65% stake in Armada Seismic, a 50% stake in the subsea services company Reef Subsea and a 73% stake in environmental monitoring company Octio.Fleet
The company owns six and operates seven vessels. They are in the process of modernising the fleet, with 5 newbuild vessels due for delivery by early 2012.- Polar Prince - a DP2 subsea support vessel on long term charter to subsidiary subsea contractor Technocean - Polar Research / Subsea Support vessel operating short-term charters
- Polar Pevek - icebreaker/support vessel on charter to ExxonExxonMobilExxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas...
, operating in the SakhalinSakhalinSakhalin or Saghalien, is a large island in the North Pacific, lying between 45°50' and 54°24' N.It is part of Russia, and is Russia's largest island, and is administered as part of Sakhalin Oblast...
field - Polar Piltun - crew boat on charter to SEICSakhalin EnergySakhalin Energy Investment Company Ltd. is a consortium for developing the Sakhalin-II oil and gas project with corporate head office in Yuzhno-Sakhalinsk. The Chief Executive Officer is Andrei Galaev...
in the SakhalinSakhalinSakhalin or Saghalien, is a large island in the North Pacific, lying between 45°50' and 54°24' N.It is part of Russia, and is Russia's largest island, and is administered as part of Sakhalin Oblast...
field - Polar Baikal - crew boat on charter to SEICSakhalin EnergySakhalin Energy Investment Company Ltd. is a consortium for developing the Sakhalin-II oil and gas project with corporate head office in Yuzhno-Sakhalinsk. The Chief Executive Officer is Andrei Galaev...
in the SakhalinSakhalinSakhalin or Saghalien, is a large island in the North Pacific, lying between 45°50' and 54°24' N.It is part of Russia, and is Russia's largest island, and is administered as part of Sakhalin Oblast...
field - icebreaker on long-term lease to British Antarctic SurveyBritish Antarctic SurveyThe British Antarctic Survey is the United Kingdom's national Antarctic operation and has an active role in Antarctic affairs. BAS is part of the Natural Environment Research Council and has over 400 staff. It operates five research stations, two ships and five aircraft in and around Antarctica.... - Polar Explorer - seismic vessel operated for Dolphin Geophysical
- Geo Atlantic - seismic vessel on long-term charter to FugroFugroFugro N.V. is a Dutch multinational company headquartered in Leidschendam. The current president is K.S. Wester.Fugro provides geotechnical, survey and geoscience services to oil, gas, mining and construction industries...
- Greatship Maya - subsea support vessel completed in 2009, on bareboat charter
Armada Seismic owns one high capacity seismic vessel and has another due for delivery early in 2012.
- Polar Duke - newbuild seismic vessel, expected April 2011 for charter to Dolphin Geophysical
GC Rieber Shipping also operate nine offshore vessels for other owners.