Greek shipowner Evangelos Marinakis has been tied to an eye-catching deal for valuable platform supply vessels sold by Norwegian tycoon Oystein Stray Spetalen.
Spetalen’s Oslo-listed Standard Supply offloaded the 5,200-dwt Standard Viking and Standard Supplier (both built 2007) and 4,200-dwt Standard Defender (built 2019) to an unnamed buyer for $72.2m this week.
Market talk by European offshore shipbrokers suggests Marinakis is behind the deal, but it is not clear if this is through his public or private interests.
His representatives have not responded to TradeWinds’ request for comment.
Marinakis controls a vast and varied fleet through various companies.
However, he is not listed with any offshore support vessels.
This week, Marinakis announced he will boost the fleet of his US-listed company Capital Product Partners with 11 LNG carriers from his private fleet and turn it into a pure-play gas carrier owner.
The new outfit, to be named Capital New Energy Carriers, intends to divest its container ships, which it no longer considers part of its core business.
TradeWinds has been told OSV asset values have been rising by $1m per week, but sales candidates are scarce.
The Standard Defender is assessed as worth $26m by VesselsValue, up from $19.7m two years ago.
It was sold to Standard Supply by Norway’s Island Offshore in June last year for $23m.
Bank sale in 2017
The other two PSVs are valued at $34.5m combined, compared with $10.5m two years ago.
They were acquired in a bank sale from Volstad Shipping in 2017 for $13m each.
Net proceeds to Standard Supply from all three vessels will be $69.5m.
The transaction is expected to be completed no later than mid-January.
Following the sale, Standard Supply will control a fleet of four PSVs with 51% ownership interest in each.