DOF has sold its PSV vessel SKANDI WAVENEY, built 2001, to a company outside Norway and not engaged in the offshore oil service industry.

Delivery of the Vessel is expected to take place mid March, 2017, upon the Vessel completing its current contract engagement.

DOF sells PSV Skandi Waveney

Offshore Tug/Supply Ship Skandi Waveney - Image courtesy: Gyssels Gilbert

The sale will not have any impact of significance on accounting or the cash position of the owner company.

The sale is in line with DOF's strategy to divest itself of some of the older vessels in its fleet not on term charters and seen as lesser prospects in the foreseeable future.

Source: DOF