Siem Offshore sells PSV

Siem Offshore sells PSV

Siem Offshore has sold its 1996-built platform support vessel (PSV) Siem Carrier to an unnamed buyer at a “confidential” price.

“The new owner will not trade the vessel in the OSV [offshore support vessel] segment,” Siem said today in a filing.

Latest AIS data shows the vessel is at anchor off the east coast of Norway, the country in which it is also registered.

Petrobras prematurely cancelled its four-year charter of the vessel in September 2015, after the vessel failed to gain the certification required to get a licence to operate in Brazilian waters.

The contract, which was originally signed in May 2013, had a gross value of $50m and included the option to extend by a further four years.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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