Sea Energy and Renewables acquires 14-year-old AHTS from DDW Offshore, which will pay down debt with part of the proceeds
Australia’s Sea Energy and Renewables has acquired 2012-built anchor handling tug supply vessel (AHTS) Skandi Atlantic from DDW Offshore for a purchase price of around US$23M. Sea Energy and Renewables, a joint venture of Qube Ports and Go Offshore, has renamed the vessel Sea Atlantic.
Currently deployed in the Bass Strait, "Sea Atlantic will continue supporting local offshore energy projects, reinforcing our commitment to safe, efficient, and reliable marine logistics," explained the West Perth, Western Australian owner in a social media post.
“From supply bases and port operations to offshore support and energy operations, the addition of Sea Atlantic strengthens our ability to deliver seamless, client‑focused outcomes across complex projects,” said Sea Energy and Renewables general manager, Scott Irvin.
DDW Offshore’s parent, Akastor ASA, said in an exchange disclosure that the AHTS was transferred to its new owner on 14 January “with the charterer’s consent, which was a condition precedent for completion under the sales agreement”. US$8M of the purchase price will be used to pay down DDW Offshore’s debt, reducing its outstanding balance to US$16M, according to the Oslo-listed Norwegian oil services investment company.
Built in Vietnam and based on an STX AH08 design, the 3,170-dwt AHTS has an overall length of 75 m, beam of 17 m, draught of 7 m, and accommodation for 27. Sea Energy and Renewables reported its bollard pull as 194 tonnes.
AIS data indicates Sea Atlantic was in the Bass Strait off the coast of Australia on 15 January.
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