Reach Subsea and Eidesvik's 2009-built IMR vessel delivered to new owners

A joint venture of Reach Subsea and Eidesvik Offshore has delivered the 2009-built, 85-meter-long inspection, maintenance and repair (IMR) vessel Viking Reach to its new owners.

Eidesvik Reach, in which Eidesvik holds a 50.1% ownership interest and Reach Subsea 49.9%, entered into a memorandum of agreement (MoA) in August with an undisclosed buyer for the sale of the vessel it acquired at the beginning of 2023 for a purchase price of about €25.5 million.

It was reported today, October 26, that Viking Reach, previously known as Edda Sun, had been delivered to the new owners and that the transaction had been completed in accordance with previously communicated terms.

The work-class remotely operated vehicle (WROV) onboard the vessel was also part of the transaction.

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