In an update on its vessels in Brazil, Solstad Offshore has revealed the sale of 1984-built anchor handling tug supply vessel Norman Drott to an undisclosed international buyer.
The vessel was sold at book value and is due for delivery to the new owner in January 2016. Normand Master will takeover the current contract the vessel has with Petrobras, which is through to the fourth quarter of 2017.
Solstad has also revealed that Petrobras has terminated the contracts for two other PSVs, Normand Vibran and Normand Trym, which were blocked by local tonnage. Work permission for the two vessels was not renewed, cutting short the contract which were originally scheduled to conclude in the third quarter of 2017.