Polarcus Limited was a geophysical research company operating a fleet of modern DP2 seismic research vessels worldwide.
Background
The company described itself as having a strong environmental focus that aims to decrease emissions to both sea and air.[1] Polarcus vessels were the first fleet in the world to receive the DNV accredited Triple E rating for high energy efficiency and environmental performance ratings.[2][3] Founded in 2008 in Dubai, UAE, Polarcus completed projects across the globe from Greenland to Sakhalin, Russia.[4] After defaulting on debts, lenders took control of the company in January 2021.[5][6]