Farstad Shipping’s Australian subsidiary P/R International Offshore Services has sold its platform supply vessel (PSV) Lady Grace at a NOK49m ($5.61m) loss on its book value. The specific sale price was not revealed.
at a NOK49m ($5.61m) loss on its book value. The specific sale price was not revealed.“The sale of the vessel is a part of the company’s strategy for the further fleet development, and the market prospect for this kind of tonnage,” Farstad said in a filing.
P/R International Offshore Services, which has been wholly owned by Farstad Supply since 2003, owns two vessels following the sale of Lady Grace.
Last week, Farstad Supply sold its PSV Far Scandia to an unnamed buyer at a NOK8m loss ($0.91m) on its book value.
During 2015, Farstad sold its PSV Far Superior (built 1990) and its anchor handling tug supply (AHTS) vessels Lady Guro (built 2001) and Far Sky (built 1991).
