Type Public Area served Global Operating income Founded 1981 | Industry Shipping Revenue NOK 392 million (2007) | |
Key people Irene Waage Basili, CEO (2011–). CEO Irene Waage Basili (Mar 2011–) Subsidiaries GC Rieber Shipping Ltd, Polar Explorer AS Profiles | ||
GC Rieber Shipping (OSE: RISH) 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.
Contents
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 Sea. 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 has owned several vessels that are periodically leased to other contractors, and also leases vessels from others as well.