Strategic Contract Wins Viking Supply Ships recently secured a four-year firm contract with Harbour Energy, indicating strong client relationships and a stable revenue stream. This demonstrates the company’s ability to secure long-term offshore service agreements, which can be a key selling point for expanding service offerings or cross-selling related maritime solutions.
Focus on Ice-Class Vessels The company operates a fleet of high Ice class vessels and manages Swedish Ice-breakers, highlighting expertise in harsh environment offshore operations. Opportunities exist to offer specialized ice management technology, maintenance services, or vessel upgrades tailored for cold-climate and icebreaker support markets.
Growth Through Asset Investment Viking has invested in acquiring two new platform supply vessels and has ongoing fleet expansion activities. This indicates a potential need for advanced vessel technology, integrated maintenance systems, and digital solutions to optimize fleet performance and asset utilization.
Technological Collaboration The partnership with Virsabi on developing mixed reality onboard maintenance systems shows an openness to innovative digital tools. There’s a sales opportunity to introduce more advanced digital solutions such as remote diagnostics, virtual training, and integrated vessel management platforms.
Market and Environmental Focus Viking operates in demanding offshore environments and has a global presence. Emphasizing sustainable operational practices, eco-friendly vessel upgrades, and environmentally compliant technologies could align with their strategic goals and open avenues for green maritime solutions and environmental consultancy services.