Rem Offshore sells CSV, delays OCV at Vard

Rem Offshore sells CSV, delays OCV at Vard

Norway’s Rem Offshore has agreed to sell construction support vessel Rem Forza to an unnamed international customer.

Rem said that delivery of the vessel to the new owner will take place shortly, with the sale giving it a booked profit, netting around NOK 200m ($22.8m) cash after the repayment of debt.

In a separate announcement, Rem said that it had delayed delivery of a Vard 2 06 offshore construction vessel ordered with Vard Group for around $133m in June 2014. The vessel was original scheduled for delivery in the first quarter of 2016, but the delay will see delivery postponed until the first quarter of 2018.

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.

Related Posts