K Line Offshore sells laid up PSV

K Line Offshore sells laid up PSV

The Norway-based offshore division of Japan’s K Line, K Line Offshore, has sold its very first ship, the 2004-built platform supply vessel KL Arendalfjord.

The PSV was delivered to Gard Supply last month for an undisclosed price. Gard Supply is connected to Norwegian shipowner Gard Shipping according to Equasis.

KL Arendalfjord has been laid up since 2016, after coming off a five-year contract with Petrobras in Brazil. The vessel sailed back to the North Sea, and was unable to find work so laid up in Porsgrunn.

It has subsequently been renamed Gardwill, and has a fair maket value of $1.41m according to VesselsValue.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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