Akastor’s DDW Offshore Agrees Sale of AHTS Vessel for $23M

Published

Skandi Emerald  AHTS (Credit: DDW Offshore)
Skandi Emerald AHTS (Credit: DDW Offshore)

Akastor’s subsidiary DDW Offshore has entered into a binding agreement to sell Skandi Emerald anchor handling tug supply (AHTS) vessel for $23 million.

The AHTS, built in 2011, is designed for operations across a range of water depths and environmental conditions.

Completion of the transaction is subject to customary conditions and is expected in the second quarter of 2026.

Following the sale, DDW Offshore’s revolving credit facility will be reduced from $16 million to $8 million.

The companies did not reveal the name of the buyer or any other details.

Current News

Technology as Enabler of Energy Security in Offshore Asia

Technology as Enabler of Energ

Akastor’s DDW Offshore Agrees Sale of AHTS Vessel for $23M

Akastor’s DDW Offshore Agrees

Shearwater to Sell SW Baret for Conversion to Source Vessel

Shearwater to Sell SW Baret fo

Rhino Resources Books Saipem Drillship for Work off Namibia

Rhino Resources Books Saipem D

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine