Ship&Offshore | Issue 02/2023
Edda Sun to be operated by new owner
IMR vessel | Norway’s Eidesvik Offshore and compatriot subsea service company, Reach Subsea, have established a joint venture to own and operate the 2009-built inspection, maintenance and repair (IMR) ship, Edda Sun . The joint venture, 50.1% owned by Eidesvik and 49.9% by Reach Subsea, has been announced following an agreement by Eidesvik and its financial institutions to refinance the company’s debt until 2026. The newly named vessel, Viking Reach , is set to embark on a six-year contract with Reach Subsea during the second quarter of this year....