WSCO has advised Federal Government of Canada in connection with its purchase of three icebreakers in a transaction valued at US$ 274 million.

WSCO has advised the Federal Government of Canada in connection with the closing of a transaction involving the purchase of three medium AHTS icebreakers, Tor Viking, Balder Viking and Vidar Viking. The purchase forms part of the Federal Government’s strategy to renew the Canadian Coast Guard’s aging fleet.  The transaction was closed 5 September at the offices of WSCO. The vessels were prior to closing registered in the Norwegian Ordinary Ship Register and will now be registered with the Canadian Ship Register. The seller is a subsidiary of Viking Supply Ships AB, a Swedish listed ship owning company serving principally the offshore industry. WSCO’s team included Carsten Tolderlund (partner & team lead), David Rubin (partner) Jesper Windahl (partner) and Rósing Rasmussen (assistant attorney).