Reach Subsea and Eidesvik Offshore have completed the sale of the inspection, maintenance and repair vessel Viking Reach, with the ship handed over to new owners on 26 October 2026, MarineLink Maritime News reported.
The transaction was completed through Eidesvik Reach, the joint venture formed by Reach Subsea and Eidesvik Offshore, which acted as the commercial vehicle for the disposal. The report states that delivery to the buyer took place on 26 October, marking the formal transfer of the vessel from the joint venture to its new owners.
Viking Reach is described in the report as an inspection, maintenance and repair vessel, commonly abbreviated to IMR, a class of ship tasked with work on subsea infrastructure. The companies involved have not been quoted in the supplied notes and no further operational details or the identity of the purchaser are given in the report summarised here.
The completion of this sale follows the joint venture route, with Eidesvik Reach coordinating the matter on behalf of its two parent companies. The arrangement underlines that the disposal was conducted through the partners' cooperative commercial structure rather than by either parent company acting alone.
Commercial structure
Eidesvik Reach, the joint venture named in the report, is the entity that carried out the transaction, reflecting a partnership between Reach Subsea and Eidesvik Offshore. The joint venture model places responsibility for fleet decisions such as disposals with the combined commercial vehicle rather than with the individual companies.
Delivery and transfer
According to the MarineLink item dated 26 October 2026, the vessel was delivered to its new owners on that date, completing the sale process overseen by the joint venture. The report does not provide further information on the delivery location, the buyer, or subsequent plans for the vessel following the transfer.
The sale of Viking Reach represents a completed commercial transaction in the subsea support market carried out through a co-owned corporate channel. Both Reach Subsea and Eidesvik Offshore remain associated with the disposal by virtue of their joint interest in Eidesvik Reach, the vehicle used to effect the sale.
MarineLink Maritime News published the account summarised here on 26 October 2026, and the item is the source for all factual details in this report. No additional particulars about price, buyer identity, future employment of the vessel or the reasons for the disposal are contained in the supplied notes, and none are introduced in this account.
The completion will be recorded as a change of ownership for Viking Reach on the date cited in the report, and the transaction is understood to have been executed through the established joint venture arrangement between the two companies named above. Continued developments or further announcements by the parties or the new owners were not included in the supplied material.
