# Viking Supply Ships invests $50M in offshore cranes for subsea capabilities

Viking Supply Ships secured a contract for four 100-ton heave-compensated offshore cranes to be installed on its ice-classed AHTS vessels, with a total investment of approximately $50 million. Delivery of cranes is scheduled to begin in July 2026.

- Type: Investment
- Announced: 2024-10-07
- Where: Norway
- Value: $50.0M
- Starts operating: Jul 2026
- Status: announced
- Products: heave-compensated offshore cranes, ROV hangars, launch and recovery systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Viking Supply Ships](https://endata.com/companies/80284.md)

## Sources

- [gcaptain.com](https://gcaptain.com/viking-supply-ships-boosts-subsea-capabilities-with-advanced-offshore-cranes/), 2024-10-07: "This investment will substantially enhance our fleet's capabilities, allowing us to serve a broader range of client needs in the evolving offshore energy landscape."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.