Dutch owner Oceanteam is continuing its move away from oil and gas shipping with another vessel disposal.
The Oslo-listed company said its joint venture with restructured French partner Bourbon has reached an agreement to sell the 122-loa construction support vessel (CSV) Bourbon Oceanteam 101 (built 2007).
VesselsValue assesses the ship as worth $10.7m.
The unnamed buyer is taking over the vessel in July.
In March, the venture said it was selling the 133-loa CSV Southern Ocean (built 2010), the other vessel the partnership controlled. Royal Boskalis of the Netherlands has emerged as the new owner of this unit.
Keesjan Cordia, Oceanteam's chairman, said: "Following the sale of CSV Southern Ocean...this sale is another significant and final milestone transitioning away from the conventional offshore shipping industry."
New ownership
Norway's Odfjell family is buying Oceanteam as it eyes expansion in offshore wind markets.
The family's Farvatn holding company was due to make a mandatory offer for Oslo-listed Oceanteam's shares as part of a merger it is engineering with Norwegian offshore cable contractor Passer Group.
"The sale of the assets will relieve Oceanteam from its liabilities, create additional liquidity and establish a solid platform to follow through on the earlier advised more sustainable strategy including the potential merger with Passer and key focus on the high-growth offshore renewable market," added Cordia.
Clarkson lists Oceanteam with just a pair of crew boats now.
Another one bites the dust
Meanwhile, Norway's Solstad Offshore continues to shed non-core ships as part of its $2bn restructuring in 2020.
The Oslo-listed owner said it has sold the 2,600-dwt platform supply vessel Far Scotia (built 2001), without giving further details.
VesselsValue rates the PSV as worth $1m.
29 ships being sold
Solstad said earlier in May it still had 29 unwanted ships to sell as it spies an increase in activity in its markets.
The shipowner has sold eight of 37 offshore support vessels classed as non-core.
The fleet now stands at 121 ships and the long-term target is for a fleet of between 80 and 90 modern vessels, according to chief executive Lars Peder Solstad.
The laid-up PSV Far Splendour (built 2003) was sold earlier in May, with brokers identifying Northern Survey of Denmark as the buyer for an undisclosed price.
Three other vessels were sold in March: a PSV to Deep Sea Supply Management in Singapore and two anchor-handling tug supply ships to Hai Duong in Vietnam.
