Maersk Supply Service chief executive Christian M Ingerslev will step down when the sale of the company to Norway’s DOF Group is completed.
The Danish company’s parent, AP Moller Holding, agreed a deal on Tuesday to sell most of the 30-strong offshore vessel fleet to its Oslo-listed rival for $1.1bn.
“Christian Ingerslev will be stepping down as CEO following the closing of the transaction,” a Maersk Supply spokesperson told TradeWinds.
The deal is expected to be completed in the fourth quarter of this year.
“Until closing, Christian will play an active role in ensuring the completion of the transaction, the planning of the integration and the safe transition into the three new businesses,” the spokesperson added.
This indicates the vessels to be retained by AP Moller Holding will continue to be operated by the company.
Ingerslev became chief executive of Maersk Supply last year, after moving across from Maersk Tankers, where he had been CEO for seven years.
It is possible he will take another role within AP Moller Holding, but the company is not yet commenting.
The offshore wind shipping business has been carved out of Maersk Supply, and a new company formed to operate its turbine installation newbuilding.
But no details were given earlier on which existing vessels would be retained.
TradeWinds is now told that AP Moller Holding will keep eight of 30 ships.
Anchor-handlers and PSVs staying
Six of 19 anchor-handling tug supply vessels will remain: the 23,500-bhp Maersk Launcher, Maersk Lancer (both built 2010) and Maersk Leader (built 2009); the 23,856-bhp Maersk Maker (built 2019) and the 13,872-bhp Maersk Topper (built 2008) and Maersk Traveller (built 2009).
Two of three platform supply vessels will also stay — the 4,200-dwt Brazil-flagged Maersk Ventura and Maersk Vega (both built 2006).
DOF will also get its hands on eight subsea vessels.
VesselsValue assesses the 30 ships as worth $1.45bn.
All other Maersk Supply personnel will transfer over to the Norwegian company, except onshore and offshore staff hired by the Brazilian subsidiaries and those working in the offshore wind installation business, the spokesperson said.
Maersk Supply will hold 25% of DOF after the transaction.
The Norwegian group will be one of the largest oil services companies listed on the Oslo Stock Exchange, with a market capitalisation of $2.3bn as of the close on 28 June.