Ship Sales News

 

AMSC to Buy Normand Maximus OSCV for $157M. Agrees Charter with Solstad Offshore

May 12, 2022

American Shipping Company ASA (AMSC) has agreed to acquire the Normand Maximus construction support vessel from Maximus Limited, a company controlled by its secured lenders.In parallel with the transaction, AMSC will enter into a long-term bareboat agreement with a subsidiary of the Norwegian offshore services provider Solstad Offshore. Solstad Offshore has managed the vessel for years, and the deal with AMSC means it will continue to do so…

Hornblower Acquires Two Offshore Vessels

Jan 19, 2022

Hornblower Group announced on Wednesday it has acquired two offshore vessels: the Seaward Explorer and Seaward Endeavor, previously the California Responder and Pacific Responder, respectively. Seaward Services, Inc. (SSI), part of the Hornblower Group of maritime businesses…

Standard Drilling Sells PSV Standard Princess

Dec 30, 2021

Oslo-listed offshore energy investment firm Standard Drilling announced it has sold the platform supply vessel Standard Princess for $10.3 million.The Cyprus-headquartered company said Wednesday it completed the transaction after announcing a memorandum of agreement to sell the vessel in November…

OFCO Buys Seven Offshore Support Vessels

Aug 19, 2021

Offshore Support and Logistics Services Company (OFCO – Offshore International), the integrated maritime logistics service provider that is jointly owned by Allianz Marine & Logistics Services (AMLS) and SAFEEN, Abu Dhabi Ports’ marine services arm…

CWind Sells CTV Endeavour to Wood Marine

Mar 10, 2021

CWind, a provider of project services and crew transfer vessels (CTV) to the offshore wind industry, reports it has completed the sale of its CTV Endeavour to Wood Marine, a port services operator based in Suffolk, U.K.According to CWind, part of the Global Marine Group (GMG)…

GC Rieber Shipping Sells Polar King IMR Vessel

Aug 20, 2020

Oslo-listed offshore vessel owner GC Rieber Shipping has agreed to sell the Polar King inspection maintenance and repair vessel to an unnamed buyer.Due to the sale, an impairment of approximately USD 5 million for Polar King is expected to be recognized as per 30…

Solstad Offshore, Creditors Agree on Draft Restructuring Plan

Mar 31, 2020

Norway's offshore service vessels (OSVs) supplier Solstad Offshore and its creditors have agreed on a draft restructuring plan, which includes converting 10 billion crowns ($962.17 million) of debt into equity, the company said on Tuesday.The large majority of stakeholders…

Ezion Sells Offshore Vessel to Astro

Jan 15, 2020

Singapore’s troubled liftboat operator Ezion Holdings has signed a memorandum of agreement to sell its offshore vessel Teras Genesis to the offshore and maritime chartering and brokerage company Astro Offshore.Ezion, in an attempt to reduce cash burn and shift focus to liftboats…

Standard Drilling Sells PSV

Dec 10, 2019

Cyprus-based company active in the oil and gas industry S.D Standard Drilling signed Memorandum of Agreement (MoA) to sell one  large Norwegian built Platform Supply Vessel (PSV), Standard Supporter for USD 15 million.The transaction was completed yesterday (10 December 2019)…

Standard Drilling Sells Second PSV

Nov 20, 2019

Norwegian offshore vessel owning company Standard Drilling has agreed to sell  Standard Supporter, a large Norwegian built platform supply vessels (PSV) through its wholly owned subsidiary Standard Supporter AS.The Vessel is a large PSV, built at STX Brevik…

OOS Takes Over ODN Delba III

Nov 18, 2019

OOS Energy, an offshore service provider from the Netherlands and part of the OOS Group, said that its onshore and offshore management teams  took over the Ships Management of the Semi-Submersible Drillship ODN DELBA III.Upon completion of the handover…

Farstad Supply Sells PSV Far Swift

Nov 03, 2019

Norwegian offshore service and supply ship shipping company Solstad Offshore said that its wholly owned subsidiary Farstad Supply AS has sold the platform supply vessel (PSV) Far Swift.Delivery of the 2003-built vessel to the new owner took place October 31st…

Simon Mokster Sells PSV Stril Neptun

Oct 31, 2019

Norwegian offshore support vessels company Simon Mokster Rederi said that it has sold the 3,000-dwt platform supply vessel (PSV) Stril Neptun to Greek interest for work outside the offshore shipping segment.Stril Neptun was delivered back in…

Solstad Offshore Sells AHTS Vessel

Sep 18, 2019

Norwegian offshore vessel owner Solstad Offshore said that its wholly owned subsidiary Farstad Marine has sold one of its anchor handling tug supply (AHTS) vessels.'Farstad Marine has sold the 16304-hp, 2002-built anchor handling tug supply vessel Far Saltire…

Bumi Armada Sells FPSO for $40 Mln

Sep 09, 2019

Malaysian oilfield services company Bumi Armada Bhd has found a buyer for its floating production storage and offloading (FPSO) vessel Armada Perdana in Nigerian company Century Energy Services (CESL) for RM167.17 million ($40 million).Kuala…

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